WTI Crude Oil Cash
Long

Could the Crude Oil reverse from here?

174
The price is falling towards the support level which is a pullback support that is slightly above the 61.8% Fibonacci retracement and could bounce from this level to our take profit.

Entry: 66.77
Why we like it:
There is a pullback support level that is slightly above the 61.8% Fibonacci retracement.

Stop loss: 61.06
Why we like it:
There is a pullback support level that aligns with the 78.6% Fibonacci retracement.

Take profit: 72.33
Why we like it:
There a pullback resistance level that lines up with the 50% Fibonacci retracement.

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