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NickBlack
Jun 2, 2019 7:08 PM

Crude Oil - Medium term outlook / Getting ready to buy Long

Crude Oil (WTI)FXCM

Description

CL is currently in a strong, so far corrective, swing, that I am looking to short on pullbacks until the mentioned area.

Once that area hits, the idea is to buy and stay in until $59.00.

Positions:
Short / Long scalps until the 48.00 - 48.60 zone hits.

Main goal
Long $48.50
SL - $46.50
TP - $59.00

Best of luck,
Nick
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