CRInvestor

Crude Oil weekly BoT long setup

Long
FX:USOIL   CFDs on Crude Oil (WTI)
If you believe the weekly trend has turned higher on Crude then one way to play the higher time frame trade is with The BoT. Here we ought to be long currently from 100.83 with stops still at 97.34. Should we hit 104.33 we can then move our stop to just under our original entry. Lets see if the current bull rally can hit that level. Regardless, that bullish ab=cd target is 111.31 so I for one shall be looking for higher CL prices going into our seasonal peak, not lower.

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