Friday, October 16, 2009

Break out for Crude Oil

The price of oil has been in a trading range (60$ to 75.55$) for months and now Crude Oil broke out and is trading at 78.7$. The trend has been up since May. Crude is getting a bit overbought so for a possible entry we will wait for a pullback.

Do you have a nice trade in mind then please share it with me and post a reply. I wish you all the best in your trading adventures!

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