Lanmar

Oil supported for long

Long
Lanmar Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
11
51.35 is the key entry. If break out occurs I will look to buy on a retest on the Daily time frame.
Trade active:
Entry hit at 51.30. Cautious long (size reduced until trade proves itself); do not like the structure at the 52 level.
Comment:
Doesn't look very good after this morning's price action.

Trade closed: target reached
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