The entry prices for long position at 71.80 and 70.60 offer attractive entry points near support levels. A stop-loss at 70 provides a good risk management buffer, limiting potential losses if the trade turns against us. The target prices at 73 and 75 represent potential profit levels based on technical analysis.
Comment:
Our Crude Oil analysis successfully achieved the initial target of $73.00, booked 50% of long positions held by our market timing subscribers. This further validates the accuracy of our second buying level at $70.75, demonstrating the potential for continued profitability in this market.
Comment:
Booked profit in the long position of crude oil at 75.14 and took a short position with S/L 76.25.