I am still buying oil on the bounces off this bullish trendline. Until this trendline is broken, US Oil is still bullish in price action with higher highs and higher lows being made.
My target sell zone is $60 per barrel maybe $60.80.
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Nice bullish momentum coming in to the market now.
Trade closed: target reached
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Profit target reached. Nice 5:1 RR before my 2nd scale in.