US Oil Long

159
Resuming long position on oil. Setting up a buy limit order 70 with TP 75 and 80 and SL @66. Might add more buy position if there's more fundamentals support and likelihood that oil's gonna shoot up to 80 within the year, aligned with current overall market expectations. Must be careful with impending volatility

cnbc.com/2018/05/15/what-drives-oil-prices.html
reuters.com/article/us-global-oil/oil-eases-signs-of-demand-slowing-as-price-nears-80-idUSKCN1IH03D
ft.com/content/6612e32a-58dc-11e8-bdb7-f6677d2e1ce8


Weekly:
snapshot


Confidence: B (because of geopolitical risks involved)

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