UnknownUnicorn13514545

WTI Oil : Upside break out is possible targeting 72-74 Handle

Long
TVC:USOIL   CFDs on WTI Crude Oil
As of now trading around 67 area with speculative sentiment index around 20% hence an upside break out is highly possible targeting the 72+ levels coming weeks . However, considering the trade on the last day of month + price around the range top , You can try putting sell limit orders 100-150 pips above the 67 top although success rate will probably very low as the HERD is in mass selling mode.

Trend : Up
Pattern : Possible upside break out
Signal : Buy Dips
Target : 72-74 handle

Trade to try : Sell limit @ 68-68.50
Stop Loss : 69
Target : 63-64
Accuracy : Less than 50%