/CL (crude oil futures) offers an objective long entry here at the 94ish price support + intersecting uptrend line. The first target is 99.95 & T2 105.15. These are unadjusted targets/actual resistance levels, so best to set sell limit order(s) slightly below one’s preferred target(s). USO (crude ETN), /MCL, & /QM (crude futures with smaller multiples/leverage factors) are alternative proxies for trading crude. 60-minute chart below.
/CL USO Crude Oil Trade Idea
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