TVC:USOIL   CFDs on WTI Crude Oil
My bias is long on usoil . The 4H chart shows my idea on getting into the trade. My view on the trend is bullish based on the daily and weekly charts. Other important infos that I looked on are the 2 hammers with long tails indicating buying pressure laying on the previous resistance level way back in 2015. My opinion is that the resistance level has been broken and is now become a support level .
Update: Target 1 was hit. You should have taken at least half of the profit when target 1 is hit. Now, price is going down. My opinion is if the price breaks the bear fractal below then price may go down further but for now my bias is still going up and hopefully it can shoot to target 2.
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