I have the same feeling as at 49$... Every breakdown is bought at 49$ again and again on high volume.
We must notice the divergencies in every indicator: RSI, MACD, TSI...
General stock markets are in a rally mode : there is no reason for oil to fall...
So I'm buying here. New long entry : OIL US Crude July
Manage position size. I'm not going to stop this out even if it's going to 42 or 40$... I will be adding there.
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We have a close above 49 again. And we have a few trapped bears below the magic fourtynine. That's why I didn't use a stop. 49$ is protected. They will run the stops above 50$ now.
Love u brother.. U revived the bloody falling hope in me.. 16000 BARRELS long at 51.70 average.. sweaty ass at the moment when people say this might touch 45
jolu
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Thank you arpi for updating!
I am trading UWT .. (Next rollover 21 may..)
Would appreciate very much your opinion about EURUSD is possible ..
Thank you very much(: