US OIL

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We are starting to see the early signs of seasonal tendencies across all markets. Price took out the 76.84 low (Turtle soup) on which it is acting as a support currently. The consolidation we are currently in will most likely be broken in the next week and we will look for an entry long on the lower TF as well. Target 1 coming in at 82.05, Target 2 at 84.42 and Target 3 at 87.59 More updates to follow
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SL hit, price is looking to accumulate more long positions around the 75.55 if it does, we will re-enter
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Price decided to take us out and shoot straight into profit, new post coming soon.
Beyond Technical AnalysisTrend Analysis

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