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aiza_belle

US Oil Buy in the Short-Run

CFDs on WTI Crude Oil (TVC:USOIL)  
aiza_belle Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Oil oiltrading oilprice shortterm buysetup
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oil oiltrading oilprice shortterm buysetup
Setting a buy stop order at 44.3 with SL a few pips below the midlevel of pivot and fib, and conservative TP near 45.0 (R1 pivot). Long-run outlook is still bearish though assuming stronger USD, but oil might continue its rally if the OPEC cut goes through by the end of this month.

www.reuters.com/arti...al-oil-idUSKBN1380YI

www.bloomberg.c...-deal-from-opec?cmpid=soci...



W1:
snapshot

D1:
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Trade closed: target reached:
Sweet gains :3
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