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sumastardon

UKOIL: Brent Crude Long again stops under 51.00 low risk trade

Long
CFDs on Crude Oil (Brent) (FX:UKOIL)  
sumastardon Updated   
FX:UKOIL   CFDs on Crude Oil (Brent)
Crude Oil Brent LONG set-up 12pointrisk 147pointreward
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ukoil long set-up 12pointrisk 147pointreward
UKOIL: Brent Crude - use these lows to get long again if not already - set a buy order up around 51.06 with a stop at 50.94 for a rally to 52.41 = 147 point win v 12 point loss.
Comment:
Whipsaw so far giving false signals and breaks so far today. Suggest closing down any shorts triggered by that spike below 51 or at least sticking a stop at 51.70 . Prefer to stay on sidelines for now awaiting a clearer signal -
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