Oil to continue lower
Updated
Looking for Oil to keep pushing lower but willing to wait for a bounce off the median line first.
The talk is for a recession, the US Treasuries are being bought, and the USDJPY has come off its highs.
Just need a breakout of the recent lows and some follow-through.
The markets have been very range-bound recently so lots of false breakouts, so be aware of the trading conditions and set trade sizes accordingly.
The talk is for a recession, the US Treasuries are being bought, and the USDJPY has come off its highs.
Just need a breakout of the recent lows and some follow-through.
The markets have been very range-bound recently so lots of false breakouts, so be aware of the trading conditions and set trade sizes accordingly.
Trade closed: target reached
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