UmarAbdurRehman

Crude Oil-Possible reversal

Long
TVC:USOIL   CFDs on WTI Crude Oil
In my previous call for shorting the crude for a target to 61.94, I was short at 66.94, banked half position at 63.89 today, but I am wary of the momentum to be turning around-which i quite likely signalling a reversal to be setting up. So I am looking to buy setups here but i need to wait for the correction before I put any order in. Keep an eye on this market. Good Luck trading.

Watch my previous ideas on Crude below this idea.
Trade closed: target reached

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