US Oil Buy in the Short-Run

TVC:USOIL   CFDs on WTI Crude Oil
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.


Trade closed: target reached: Sweet gains :3
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