West Texas OilLong
good time to long buy WTI
reasons to LONG;
1. it is at the bottom of the up trend channel
2. closing price did not go lower than 58, which is the recent strong support level
3. prices broke previous high, which indicating buying power is strong than before
buying strategy:
wait for pull back, set pending order (buy) from price 58.2-58.5
cut loss below 57.5
TP 60-60.2
good luck
1. it is at the bottom of the up trend channel
2. closing price did not go lower than 58, which is the recent strong support level
3. prices broke previous high, which indicating buying power is strong than before
buying strategy:
wait for pull back, set pending order (buy) from price 58.2-58.5
cut loss below 57.5
TP 60-60.2
good luck
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