I just thought I would start an oil bottom thread with these calls becoming more popular on ET. Not only is it a bottom call but it is also a way to trade it, which is the only way I think calls should be made. Take the trade at your own risk. I personally will not be taking this trade as it does not meet the requirements of my trading plan. However, I think its a great trade and will most likely work out. If not, its just part of the game and the stop and reverse trade will definately be a huge winner. The trade is go long on a retest of Fridays low 58.15. Add on 57.10 area Stop at 56.71 Profit target 1 is 63.85 Profit target 2 is 66.85 Breakeven stop and let runners go for 70.50+ Risk approx. 1.50 Reward approx 8-12 Note that I may adjust profit targets by .20-.70 if new lows are made. I attached a chart for visualization of the trade.