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Crude Oil to be Bullish Short Term
Light Crude Oil Futures
Long
Crude Oil to be Bullish Short Term
By shlionz
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Updated
May 25, 2023
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May 23, 2023
Crude oil is seeking higher structure, building Ascending Triangle since 4th May 2023.
Plan?
Wait for the bullish breakout.
Advance Plan or Look at the Long Position as attached in the image:
Buy Stop
EP: 74.00
SL: 72.50
TP: 76.00
Do adjust acording to your entry style and risk appetite.
Thumbs up and comment if you like this analysis. Thanks.
Disclaim: This is not an investment advice.
May 25, 2023
Trade closed: stop reached
Crude OIl hit SL.
Triangle
shlionz
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