Looks like oil is getting ready for another explosive rally.
Trade active
This is a position I'm planning to hold at least one week or longer - unless it gets stopped out. The goal is to ride the move up to 70$
Trade closed manually
I'm closing here.I have a feeling we might not break through the 65.6 level right away.
A correction is likely.
It's just a personal feeling, and when there's no confidence, it's better to close the position, lock in a solid profit and watch from the sidelines.
+3.25%
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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.