Piphunter1887

Long opportunity found on Oil

Long
TVC:USOIL   CFDs on WTI Crude Oil
As mentioned in my previous idea sharing (see link)


The USOIL has povided an opportunity for a long entry.
The trend line drawn can also be used to enter.

Rationale:

Long term uptrend
Close above 100 EMA (Amber) on hourly chart
Near term uptrend (Black line)

Hope you find some pip value in this! Keeping it simple!

Happy Hunting!
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