USOIL USOIL SELL 70.55 TOP 69
The economy is slowing down and oil need is also reducing. The resistance is at 70.6 and Very strong resistance at 71. So it can go down and long term perspective oil will go down until and unless OPEC makes the production cuts in the oil.
Trade active
Note
Change stop loss to 71.9 and add another sell positionTrade closed: target reached
Close all, 70.4
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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.