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BP ORD USD0.25
Long

BP long

By ogapooga
Updated
BP: This is approaching the bottom of the channel. It's a good risk-reward trade. A buy-in my opinion
Note
its reached support previously resistance and in the area between the Fibs retracement of .5 to .62. Wait for a positive candle before considering a buy. I bear in mind that the oil sector is strong.
Note
BP has bounced the next day after the initial post. The Minimum target is the previous High of 420
Note
minimum target reached
Trend Analysis
ogapooga

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