SonicDeejay
Long

WTI Oil (LONG in every pull back)

OANDA:WTICOUSD   West Texas Oil
WTI Oil
We are in a VERY STRONG BULL TREND.

There will be minor pullbacks along the way for sure.
Do not get carried over a small opportunity. If you are not being careful, you can get rolled over.


For me, at this moment, every pullback is a good chance to load up and LONG.


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s0nic




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Jun 29
Comment: +200 pts TP hit from $71 to $73!
Jul 03
Trade active: We expect Oil Price to go higher and CAD pairs to drop further.
Jul 05
Trade active: Oil

It may be a time for a minor swing back down as there are any buyers to push up the price.
I am expecting it is time for a minor pullback, but you will need to very careful or vigilant.

The main reason is we are in the "very strong" uptrend and the pullback shall be short lived.

I expect the price 'can' go down to $71 or even $65 level, so if you want to long stand aside first but I repeat again "we are in a strong UP trend and the pullback shall be short-lived"




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Sonic
Jul 08
Comment: Oil

I am Bullish. It is better to look for the long entry only. Instead of looking for a short, it is better to get in long at every long price entry shows up. It is going to rise further up.
Just be careful, on not to add long positions too aggressively.

Level to watch: Support level, $72, $71, $68 Resistance level $75

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