VIP_Trading_Technologies

USOIL 61 ish by the end of the week?

TVC:USOIL   CFD Petrolio WTI
Massive rig count data, growing covid cases in US and worldwide with delta, delta plus and lambda mutations, Iran talks, driving season end, dollar strength, etc, are these factors going to affect the OIL price in this coming week?

My target remains unchanged: 61-62 with extension to 57 and 51 in few weeks if the situation gets worsening.

First things first, let's clear the support at low 65 and then easy peasy...

Current positions are in large profit and SL at cost, peace of mind. Trailing SL after 62.

Cheers
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