Crude Oil - Medium term outlook / Getting ready to buy
CL is currently in a strong, so far corrective, swing, that I am looking to short on pullbacks until the mentioned area.
Once that area hits, the idea is to buy and stay in until $59.00.
Positions:
Short / Long scalps until the 48.00 - 48.60 zone hits.
Main goal
Long $48.50
SL - $46.50
TP - $59.00
Best of luck,
Nick
Once that area hits, the idea is to buy and stay in until $59.00.
Positions:
Short / Long scalps until the 48.00 - 48.60 zone hits.
Main goal
Long $48.50
SL - $46.50
TP - $59.00
Best of luck,
Nick