Oil Breaking To The Upside
Oil is breaking to the upside from previous highs. Technically this is a clear breakout trade, with stops below the last daily swing low.
Oil contracts are generally paying a positive swap long currently, making long positions attractive for traders.
Additionally the supply for oil is tight, demand is high.
Oil contracts are generally paying a positive swap long currently, making long positions attractive for traders.
Additionally the supply for oil is tight, demand is high.
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