CME NYMEX: CL WTI Crude Oil Futures Price Forecast, Swing BUY(Long) - Commodity Trading Today
The oil market is attracting my attention. I do not know if bottom has been done yet. It looks $56 is very important. Perhaps, it is likely to rebound to $55 ~ $56. It is not safe yet, so we need to be very careful.
WTI Crude Oil Futures Price Forecast and Trading (CME NYMEX: CL):
Swing BUY(Long)
Eentry Price below 52.15
1st Target Price 55 (+2.85pt, +5.47%)
Stoploss Price 50.62 (-1.53pt, -2.93%)
[WTI futures price 4 hour chart]
⭐ Swing Trading is a short-term(days to a couple of weeks) trading method and focuses on taking smaller gains.
WTI Crude Oil Futures Price Forecast and Trading (CME NYMEX: CL):
Swing BUY(Long)
Eentry Price below 52.15
1st Target Price 55 (+2.85pt, +5.47%)
Stoploss Price 50.62 (-1.53pt, -2.93%)
[WTI futures price 4 hour chart]