Buying Opportunities in WTI Crude Oil - Tue, Oct 11, 2022. #1 Limit Buy Order Filled Tue, Oct 11, 15:52pm. #2 Limit Order Filled Tue, Oct 11, 17:10pm. #3 Limit Buy Order Filled Wed, Oct 12, 22:21pm. Closed Out Nov 8 08:02am +$644.55

Chart CRUDEOIL, H4, 2022.10.11 03:46 UTC, Tradeview, Ltd., MetaTrader 4, Real

The recovery received an added boost after OPEC+ announced a cut in production of some 2m barrel a day recently. 

Price surged to $93.697 last night but has since pulled back a bit on profit-taking. Should this pullback deepens to under $90, it could present a buying opportunity.

TRADE IDEAS

#1 Limit Buy @ $89.655. Target @ $100.00. Order Filled Tue, Oct 11, 15:52pm. Closed Out Nov 8 08:02am +$109.69

#2 Limit Buy @ $88.583. Target @ $102.00. Order Filled Tue, Oct 11, 17:10pm. Closed Out Nov 8 08:02am +$188.55

#3 Limit Buy @ $87.265. Target @ $102.00. Order Filled Wed, Oct 12, 22:21pm. Closed Out Nov 8 08:02am +$346.31

All Stops @ $83.400