Oil (WTI) Daily Update (19 July 2017) *Enter Long near 44 Long

West Texas OilOANDA

Description

⋅ Jul 19, 2017 8:17 AM

Now the rise of Oil is no longer a surprise.
I am seeing a possible swing down to 45.3 and even 44 level.

But in the medium term, it shall go UP even higher. 48.7 will be a nice target.

Trade Safe,

s0nic

P.S. Please follow, like, give comment to my analysis.

Comments

SonicDeejay

⋅ Jul 23, 2017 3:14 AM

Oil has different view now.
WIll post as an update.

basdar

⋅ Jul 24, 2017 10:05 AM

@SonicDeejay, whats your current view on this now? - it still seems to be good for a long

lowyh_88

⋅ Jul 19, 2017 11:58 AM

Maybe tonight EIA report will bring down oil below 45 level, watch out 10:30pm

basdar

⋅ Jul 19, 2017 8:31 AM

Agreed - will be looking to take a long just below 45!