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Long USOIL for a 10%+ MOVE
CFDs on WTI Crude Oil
Long
Long USOIL for a 10%+ MOVE
By Mart_Rosenfeldt
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Updated
Feb 4, 2020
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Feb 3, 2020
It took 15 days for USOIL to lose all the gains in Q4 2019 and the price is right back at the 51 level, which was defended successfully 4 times.
Feb 4, 2020
Note
Price broke the 51 support and touched the 49 handle. That could have been a stop-loss hunt to get their long orders filled for a big move up.
Beyond Technical Analysis
Oil
Trend Analysis
Crude Oil WTI
Mart_Rosenfeldt
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