aiza_belle

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.

http://www.reuters.com/article/us-global-oil-idUSKBN1380YI

http://www.bloomberg.com/news/articles/2016-11-15/bp-ceo-says-oil-market-pretty-pessimistic-about-deal-from-opec?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social



W1:
snapshot

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