Hi traders,
We've had great successes trading crude oil over the past two years. We sent an analysis to short USOIL 9 months ago and it met most of our targets. What we see is that this commodity rejected on the neckline of our double bottom confirming that our double bottom is now complete. We will now take long positions to take profit at these prices:
TP1 103
TP2 113
TP3 125
TP4 140
Because this nalysis is on the monthly timeframe, we anticipate our targets being met over a period of another 9 months considering pullbacks and market retracements.
Please share your thoughts
Discalimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
We've had great successes trading crude oil over the past two years. We sent an analysis to short USOIL 9 months ago and it met most of our targets. What we see is that this commodity rejected on the neckline of our double bottom confirming that our double bottom is now complete. We will now take long positions to take profit at these prices:
TP1 103
TP2 113
TP3 125
TP4 140
Because this nalysis is on the monthly timeframe, we anticipate our targets being met over a period of another 9 months considering pullbacks and market retracements.
Please share your thoughts
Discalimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
Order cancelled
We are expecting USOIL to goto 64.8Trade active
Note
Holding
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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.