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FUNTRADER-Vera
Dec 7, 2019 1:09 PM

0712 P4/8 USOIL now 60-63 is the target zone for the 5th wave Long

Crude Oil (WTI)FXCM

Description

USOIL has been on our weekly buy list for a long time.
60-63 is now finally become our target zone for the 5th wave after the positive news from OPEC conference.
The green zone is now possible to reach in the next 1-2 weeks. Now you need a good position to follow the trend.

Good luck!!
LESS IS MORE!
Comments
jgui10
Get ready to buy in the upper $55's, won't go lower than $55.50 or so. I'm looking for 55.75ish
elfarouk-fx
@jgui10, ????
jgui10
nope. coming back down to below $56 this week. Its in the channel and there is going to a lot of mixing up this week when the market realizes theres no China deal and the tariffs are coming. Full Disclosure: still long in everything, bought vix calls on Friday when it was a few points off the lows, short on WTI.
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