Oil price broke "long-term trend resistance" and also it looks like 5th elliot wave.
So if the price breaks the rectangle you can buy.... Also, If it bounces the last support zone you can buy too.
So if the price breaks the rectangle you can buy.... Also, If it bounces the last support zone you can buy too.
Trade closed: target reached
you can close half of the profit
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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.