JaimePantoja

Long scenario for USOIL

JaimePantoja Updated   
TVC:USOIL   CFDs on WTI Crude Oil
So far the price is close to the Lower Limit of the uptrend channel, moreover the most immediate downtrend line has been broken, so for now I will expect a further retracement and then look for Long Set Ups in order to enter the market ... remember to always take trades based on a well defined trading plan adn the risk tolerance parametters of each trader ... good trading!
Comment:
On lower time frames you could look for entries that provide a goor risk reward ratio
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