Get started
adatherton

$CL_F heavily oversold

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
adatherton Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Technical Indicators Chart Patterns Oil oillong cl_f
13
0
trendanalysis indicator chartpattern oil oillong cl_f
Oil heavily oversold, and price action very similar to previous approaches to the $50 line in the sand.

Suggest a buy at 50.80, SL 49.90, target 60. Or even start now (52.63)
Trade closed: stop reached:
Stopped out. Now I expect it will follow the pattern. Stop was too tight.
Comment:
Yes, now following pattern! Drat!
David Atherton
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.