I've been short since last night, and plan to take partial profit soon, more at the green zone, and the remainder at the bottom of the parallel channel.
Note
channel is holding up!
Note
I shorted at the recent highs once again to the bottom of the channel, hard to say where oil will go next.
Note
Crude could be forming a very informal bear flag here, Ill sit on the sidelines for now.
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.
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.