Target on my previous idea reached successfully. If you were following me, then you would have taken half of your profit on target #1 and now take the other half. There is further possible downside to $38 and even lower in oil.
However Oil is creating a falling wedge and lower volumes are signaling a textbook reversal.
Wait for breakout to execute this trade.
However Oil is creating a falling wedge and lower volumes are signaling a textbook reversal.
Wait for breakout to execute this trade.
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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.
Related publications
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.