OIL going to Retest 22.05
Oil is been rejected from resistance line at $28, now oil will retest the $22,
is a double bottom, so let's see how interact with the support line.
It could be a potential breakout to the downside.
MACD and SRSI pointing down.
Also oil price could be affected by the news, so please be careful and also use SL, especially when you use leverage.
also your risk/reward is higher near the support/resistance lines (key levels)
Push like when this idea useful to you!
Leave a comment below!
Legal disclaimer: I am not a financial advisor.
You trade at your own risk and nobody can guarantee you results.
is a double bottom, so let's see how interact with the support line.
It could be a potential breakout to the downside.
MACD and SRSI pointing down.
Also oil price could be affected by the news, so please be careful and also use SL, especially when you use leverage.
also your risk/reward is higher near the support/resistance lines (key levels)
Push like when this idea useful to you!
Leave a comment below!
Legal disclaimer: I am not a financial advisor.
You trade at your own risk and nobody can guarantee you results.
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.
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.