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Nial Fuller

NIAL FULLER
Professional Trader, Author & Trading Coach

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By in Forex Trading Commentary on | 4 Comments
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Crude Oil – Buying opportunity setting up in Crude Oil

In the weekly Crude Oil chart below, we can see price exploded higher last week after briefly testing $45.00 support. Bulls are clearly back in control of this market and we are looking to get long whilst price is above $43.10 major weekly support, to trade in-line with the bullish momentum. We are looking for a pullback to value and / or a price action buy signal to confirm a long entry into this market. There’s upside potential back up to $52.00 key resistance area. As always, trade at your own risk.

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About Nial Fuller

is a Professional Trader & Author who is considered ‘The Authority’ on Price Action Trading. He has a monthly readership of 250,000+ traders and has taught 15,000+ students since 2008. Checkout Nial's Professional Forex Course here.

Recent

  1. Petrus July 31, 2017 at 3:15 pm

    Thank you.
    I would like to know your advice or suggestion on how swing traders who are using daily time frame dealing with gapping up or down that usually happen on Monday.

    Reply
  2. Samuel July 31, 2017 at 11:57 am

    Great analysis.. your insight into the market is always refreshing. Keep it up Neil

    Reply

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