CFDs on Crude Oil (WTI)
Long
Updated

USOIL BIG Trend Reversal in the Works

Last week saw USOIL break out of the 2 year descending trend line. There is one more hurdle at 55.20 before POTENTIAL upside price acceleration. If 55.20 breaks, I would wait for price to correct lower to 52.50 for a BIG long opportunity
Note
55.20 broke. Let's see if price can gravitate toward support for a better long entry.

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