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pparmy1991
May 3, 2017 4:10 PM

OIL possible long, let's see how far it goes Long

WTI CRUDE OILTVC

Description

Lots of divergences are generated on 1hr chart and bullish pattern is detected as well. Some bounce could be expected, put a stop below today's low and see how strong the bounce would be.

Trade closed: stop reached

Maybe one more dollar down

Comment

USDCAD is reaching top soon. Might be a very good opportunity for OIL next week. Patience is the key!
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