PlutusX

OIL Broke Through Structure -- Two Trading Ops

Long
OANDA:WTICOUSD   West Texas Oil
Since we broke through the 61% fb/ structure zone we can be looking for some shorting opportunities as we test the 88% or even 100%. We already have an overextended market so short term trades have an op to scalp some pips as we make an entry to our longterm target.

Long term we are looking to buy based on technicals: Structure, impulse to the upside and fib alignment.

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