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peterbokma

CRUDE OIL - BUY strategy

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
peterbokma  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis crudeoilbuy
3
0
trendanalysis crudeoilbuy
Oil starts looking to bottom again. The $ 61 area looks good support, and stochastic is positive. the RSI is not very low, but considering fundamentals like Russia and Ukraine might become the catalyst to revisit $ 80 above once again.

Strategy BUY $ 63-65 for a move towards $ 85

Stop-loss below $ 58 to be on safe side.
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