Crude Oil bounced off support

26 de fev. de 2018

Crude is above both weekly and daily 200SMAs. Most recently price retested the weekly 200SMa which now turned into support. This gave us extra confirmation around $60. I I bought some when price bounced off $60. Now waiting for a continuation pattern above $66,63before adding more. It may not be an easy ride, but my Stop Lossis well placed, so letting the trend run for the time being