ThreeCT

CL! - LONG trade idea

Long
ThreeCT Updated   
NYMEX:CL1!   Light Crude Oil Futures
We swept the lows on the 4H OB. Considering this might be an SFP, taking a LONG towards the FIB 0.79. There is also a bullish divergence present on the RSI which gives another impulse for a LONG.
Comment:
It might be wise to close the trade here - the weekly close is almost upon us, and although we haven't reached the target all the way, I think it has been a satisfying trade.
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