Oil keeps moving lower without pause. There’s not a single valid reason to buy, except for “it’s already very cheap”—but that argument leads to poverty!
Where this will end—no one knows. Let the asset settle, and the chart will tell us when it's time to buy.
📝Trading plan:
Wait for the downward move to end. It’s too late to short, and too early to go long.
Where this will end—no one knows. Let the asset settle, and the chart will tell us when it's time to buy.
📝Trading plan:
Wait for the downward move to end. It’s too late to short, and too early to go long.
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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.
Disclaimer
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.