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Cuddles1997-1999

Long WTI to 65

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
Cuddles1997-1999 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns WTI Crude Oil WTI
2
0
trendanalysis chartpattern wti usoil
It looks like a triple bottom. Oil tends to trade in $5.00 ranges so after the last support of 60, I assume 65.

Sorry no advanced mumbo jumbo RSI pentagram neil gartman virgin sacrifice.
Comment:
The next big possible turning point is $62.50 as that is both the halfway point in the range, but more importantly the daily high from the last EIA report two days ago.

Unlikely to see much retracement yet, even with this massive daily candle.
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