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In my last article, I suggested a few trades and we can see it all played out quite well. By putting a stop loss at $60.30, it was suggested to take a buying position that should give $2-3 - WTI touched $63 recently. However, I stressed on selling it once it reaches a particular level ($64-66). Due to a few events and heated rhetoric, oil prices have once again inched up; however, we should not overlook or undermine the threat of trade war to which there seems no end.