USOIL 28/11 : Uptrend
USOIL traders will closely monitor the temporary ceasefire between Hamas and Israel, with the intermediaries working to prolong the thaw in the Middle East conflict. This marks the first ceasefire agreement since the start of the Israel-Hamas conflict last Friday.
USOIL Broke out of range and price is now at a deep decline. CTFX will see if the bulls can stop the breakout from happening. Expect USOIL to rise back to the 80 price range.
My opinion: UPTREND
USOIL Broke out of range and price is now at a deep decline. CTFX will see if the bulls can stop the breakout from happening. Expect USOIL to rise back to the 80 price range.
My opinion: UPTREND
Note
BUY OIL profit 100PIPThe uptrend continues for the safe profit-taking price range of $78 (300PIP)
Note
USOIL PRICE 77.300, BUY ORDER PROFIT 203PIPNote
TAKE PROFIT 300PIP
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