Oil Enters $80s - 83.50 Next?
Friday July 28th Plan
Thursday Recap:
Crude Oil had an intraday high of 80.57 and a low of 78.83. The day’s range was $1.74, and price has now entered the $80s. This current bullish price action indicates that Oil is on track to reach the 83.50 level.
Trade Plan!
Continued buying above 79.10, long to the next levels:
- 79.90 , 81.50 , 82.50 , 83.50
Strong selling below 80.50, short to the next levels:
- 79.90 , 79.10 , 78.00 , 77.30
Daily pivot is 79.72.
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Voila Trading