stannieb

Demand fullfilled, are they ready to drive into $77 region?

Long
stannieb Updated   
TVC:USOIL   CFDs on WTI Crude Oil
The bullish structure on weekly timeframe looks pretty good if you ask me. In the coming day's, i think we're going to see more bullish momentum at the charts.

Back to the daily:

It looks like price might be heading north soon. The daily demand is about to be fullfilled.

In my opinion this is a safe zone for long entry's. And also a great opertunity for higher Risk/Reward ratios.
The stoploss should be safe just below the demand box. I'm targetting the liquidity around $77.

Comment:
Meanwhile, my long trade is running in profits. Looks like we're not the only who filled our orders :)

Comment:
No update needed. It looks like price is heading north.

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