alleytrader

oil, cl, day trading for mqr 20th 2020

TVC:USOIL   CFDs sobre petróleo crudo WTI
We have dropped below normal red zone low and now the level to watch is the current low, this will be a important level to help find today's direction. I do not see ( unless news) a much higher move above the current highs. however can see a test of the lower balance point very easily.
Oil ranges have been very large and provide some good trades but also lots of risk if managed poorly.

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