CurrencyTraderofForex

Buy Brent Crude Oil

Long
FX:UKOIL   CFDs on Crude Oil (Brent)
Buy limit order at 45.50. Stop at or below 43.00. Target 1) 52.00.

A more conservative approach is to wait for a new higher low to be formed above the 44 level. Expecting a new higher high to be formed into the 50`area.



Trade closed: target reached:
TP1 reached at 52 USD. Closing parts of the position. Move stop to BE. This has potential to venture a lot higher.

Consider buying into dips when they occur.
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