M4B0X.
Long

Crude Oil - Seasonal Opportunity, Contrarian Trade

FX:USOIL   Crude Oil (WTI)
152 0 2
Looks oversold, public is bearish ...
Historical data shows that the august-september was bullish period for Crude Oil             .
Going hunting for contrarian trade around the previous daily low 42.01.
Monitoring original positioning with 30 min. tf. at liquidity events.

Target: $48-51 range .382 fib. retrace, IOB accumulation breakout level, possible retest of MA 200 line in the sand, critical resistance zone from an Ichimoku perspective.

Orders: 20x leverage long:

1: limit 42.50, stop 41.70, close 50.70
2: limit 42.15, stop 41.45, close 49.50
3: limit 41.75, stop 41.05, close 48.80
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