We can see a nice RDR reversal signal on Oil. I took a small long position at 50,45 with stops below 49,20.
If OIL brakes a strong trendline from January 7th, i expect a strong push toward 54,50lvl and second target around 57lvl.
Br. C
If OIL brakes a strong trendline from January 7th, i expect a strong push toward 54,50lvl and second target around 57lvl.
Br. C
Note
stop loss moved to: 50,30 lvlDisclaimer
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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.