US oil is in Bearish Trend for some time but now standing at very strong support and Divergence so expecting a reversal.
Trade closed: stop reached
Although my stop loss was triggered because I kept it small and due to negative news about CAD, and the Canadian dollar (CAD) can significantly impact the oil market due to Canada's role as a major oil producer and exporter. I still see bullish potential from here, as it's holding strong support
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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.