Crude Oil (Daily Chart)

TVC:USOIL   CFDs on WTI Crude Oil
On the daily chart here, Crude is looking very bullish .
We saw a clean break of previous high ($44) found new resistance at $46, saw a slight pullback to see if previous resistance would act as support which it did and now Oil is back on the run.
I’ll be targeting anywhere between $47 / $50 level.

Of course, if we break $44 then I’ll likely start to look for shorting opportunities.



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