We are now touching a long term (march 2020) trend line that gives us an upside to this trade. As oil continues to climb above 55 we see this staying in support.
But be careful of a pullback to 33 to retest to the 50 MA
But be careful of a pullback to 33 to retest to the 50 MA
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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.