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Nial Fuller

Professional Trader, Author & Trading Coach

Crude Oil Buying Opportunity Setting Up – 7th December 2016

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By in Forex Trading Commentary Last updated 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 20,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
  1. Moeletsi December 30, 2016 at 1:19 am

    Merry Xmas and a Happy new year. Stay bless Nial.

  2. Mohammed Alam December 25, 2016 at 11:58 am

    Merry Christmas and Happy Happy Happy New Year To Nial Fuller. I wish you healthy and prosperous life.

  3. Ivane Zurabishvili December 23, 2016 at 5:22 pm

    Merry Christmas and Happy New Year to Nial Fuller!
    Many perfect articles and trading ideas from you in 2017 ! :)

  4. Ivane Zurabishvili December 23, 2016 at 5:21 pm

    Merry Christmas and Happy New Year to Nial Fuller!
    Many perfect articles and trading ideas from you! :)


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