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Mihai_Iacob

WTI Oil can rise above 80 (again)

Long
CFD Petrolio greggio (WTI) (FOREXCOM:USOIL)  
Mihai_Iacob  
FOREXCOM:USOIL   CFD Petrolio greggio (WTI)
Trend Analysis Chart Patterns Technical Indicators WTI wticrude wticrudeoil wtioil wtiusd Oil oiltrading oilforecast oilsignals
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trendanalysis chartpattern indicator wti wticrude wticrudeoil wtioil wtiusd oil oiltrading oilforecast oilsignals
From 25th October's high at around 85, Oil has started to correct and dropped to strong demand zone between 62 and 65.
Now, this correction seems to be over and we can have a leg up above 80 again.
I'm bullish as long as the price is above 65 and, in my opinion, dips should be bought
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