alleytrader

oil, cl, day trading for Dec 13th (Friday)

FX:USOIL   CFDs on Crude Oil (WTI)
Oil had that breakout of the range as I expected was coming soon and now the important level is if we hang out above this prior level top or move back down inside the prior range. This is the area we are testing as of this writing and is also the level I will be looking to trade long off of. It is a good level due to the defined risk reward levels.

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