TradeApe
Long

Oil Daily Analysis - Surfing the wave :)

FX:USOIL   Crude Oil (WTI)
Oil's been amazing lately and the bulls are still strong with DI- close to zero.

I got a few longs running already and will be looking to add positions after pullbacks all the way towards 70...or until trend strength switches to bearish . DI- had to cross 20 and DI+ for me to get out of my longs before 70.

For now I'm going long above 59 but will be looking at re-entries around all the purple levels. Would like to see price remain above 54 and ideally 56 for my long bias to remain intact.

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