I was short for some days ago - but the short correction was "shorter" than expected and it seems like the WTI will go long now. We have just seen the cross on MACD daily chart - I have entered the long trade
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Really nice movement so far. I expect a minor pull back today - but still long in the longer perspective. You can sell you long now - reenter the long when it reverse - or keep your long. All up to you and your profile :)
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see the MACD - still following nicely;
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I anybody have sold their long position - I believe now would be ideal time to re enter.
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Assume we could see further decline, before another long setup:
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Warning. The chart are setting up a head and shoulder pattern. However - I strongly doubt it will complete it and go all the way below the neckline as shown. But - be carefull!