RSI has popped out of channel. Five days of gains for Beach Energy and improving USOIL. Could we see Beach Energy have a little rest, before marching on to $1.90? Key risks are movement on USOIL, China Growth, Trade Tensions and Brexit.
Note
Will drop to $1.645 by end of weekTrade closed: target reached
Entered at $1.64. Could drop further this weekNote
US Oil ticking up at this present moment. BPT should bounce over the next several days. 10/10 trade setup
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.