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taiwaiyu007

CL long to 70

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Hadapan Minyak Mentah Ringan (NYMEX:CL1!)  
taiwaiyu007  
NYMEX:CL1!   Hadapan Minyak Mentah Ringan
Trend Analysis Chart Patterns Crude Oil WTI cl1!long
3
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trendanalysis chartpattern usoil cl1!long
Last week prices initially showed signs of equilibrium between 64.6 and 65.8; Based on last weeks close a Weekly Inflection has been created at 66.10 and if we see volume move above this level then I will look for my first target at the next high Weekly Inflection at 67.35; and then target near the next high Weekly Inflection above that near 70.51, with a TP of 70.25.

Entry: 66.10 (Prices are in this zone so the Entry is Active)
Target Price 1: 67.35
Target Price 2: 70.25
SL: 64.20
Good trading all!
Penafian

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