Daniel Ang

Buying Opportunity in WTI Crude Oil - Bought @ $76.244 Mon Nov 28, 23:25pm. Moved Stop to $76.255 Tue, Nov 28, 15:00pm. Closed Out Position Thu, Dec 1 03:27am +$1,268.96

Chart CRUDEOIL, H4, 2022.11.28 15:25 UTC, Tradeview, Ltd., MetaTrader 4, Real

Crude Oil has been falling on concern over China's strict adherence to its zero-Covid policy and the coming implementation of the EU's price cap on Russia energy crude oil exports.

But technically, this market is extremely over-sold and may be due for at least a rebound. Here lies the buying opportunity.

TRADE IDEA

#1 Bought @ $76.244. Mon Nov 28, 23:25pm. Closed Out Position Thu, Dec 1 03:27am

Stop @ 73.900. Moved Stop to $76.255 Tue, Nov 28, 15:00pm.

Target: TBA