West Texas Oil
Largo

US OIL TRADING IDEA

116
As its clear from chart,

us oil has broken the blue down trend / bull flag and got a nice push up side,

As dollar index is in corrective mode and we can see some more pullback in dollar index,

We are looking oil as a long opportunity, any pullback around 90.70 -90.80, will be a long opportunity targeting 97.50 -97.80.

The idea will be considered as invalidated if it get backs inside to broken bull flag.

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