USOIL Plan Week 4 August

TVC:USOIL   CFDs on WTI Crude Oil
The price closed within the downtrend channel last Friday, look at the green box is the support area , however we might be able to see it broken down this coming week. before doing that, a retracement should be happening before that.
Recommend entry: 54.90, TP1: 52.00, TP2: 51.00, SL: per your risk management.
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