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Why I’m buying WTI crude oil: O’Hare

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March 02, 2017 commodities, saxotrader, saxotradergo, steve ohare first 4 trading, trade idea, tradingfloor.com, wti crude oil
Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading WTI crude oil.

He is buying on a dip in front of $52.70/bl. The stop is a break below $51.20/bl and the targets are $54.48/bl to $55.00/bl.

O'Hare features technical analysis of a selected trade every Thursday on Trading Floor.