HugoAJROUCHE

Short Vision on OIL for 04/08/2021

Long
HugoAJROUCHE Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Hello Dear Traders,

You find below my analysis for OIL, which is near the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame OIL will rise to 70. Our Weekly Goal is 71.3. So we are looking for a pullback to repeat what we have marked up and executed over the last few days, demand is still there. Simply looking to buy the dips effectively, the bullish trend still here since April 2020.
Currently, OIL is moving towards the support level of 68.3 where there is some liquidity, from this value we are looking for short-term buying opportunities of OIL.
Good Luck and enjoy your Bullish Market for today.

Entry:@68.25
TP1: @68.6
TP2: @68.9
TP3: @69.3
SL : @67.8

As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Trade closed: target reached:
TP:69.3 has been achieved

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