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Long

Oil - Brent - UK OIL - Long

TVC:UKOIL   CFDs on Brent Crude Oil
After taking profit at 72 and 70 on our recent short I'm now actively looking to go long from 70.80 so I have to wait for a pull back before entry.

Although it has been a bank holiday I still feel the outside bar is valid, showing strong rejection from the lower BB.

Entry 70.80
Stop 68.50
TP 75
TP2 79
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