Light Crude Oil Futures
Long
Updated

OIL - strong weekly reversal signal

333
Cadles formed reversal formation (morning star) on the weekly chart so signal is strong. Also the SHS formation which I predicted in my earlier analys here:
OIL - wait for long positions
should easily take price to 60.00 $

Just wait for correction to enter. We have small uptrend on H4 chart so try to buy close to the bottom line:
snapshot
Note
60$ level still in play. So all we have to do is wait :)

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