Long WTI Crude Oil: Double bottom near $66.5 signals reversal potential amid strengthened uptrend

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Updated on Nov 6, 2024
Reading time 1 minutes

Long WTI Crude Oil: Double bottom near $66.5 signals reversal potential amid strengthened uptrend

Closed Profit

Signal timeline

Stop loss $66.2 (6.10%)
Current price marker
Entry zone $70.5
Current price marker
$70.7
Current price marker
Take profit 1 $76.85 (9.01%)
Current price marker
Take profit 2 $78.4 (11.21%)
Live price unavailable $72.14

Trading signal summary

Buy/sell asset Buy
Entry zone $70.5 - $70.7
Stop loss $66.2
Portfolio risk 1%
Leverage 1x
Take profit 1 $76.85
Take profit 2 $78.4
Est. trade duration 1-8 Days
Maximum profit 11.21%
Maximum loss 6.10%
Overall trade risk Low

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