In crude oil, 70 levels can be tried for a short time.
Updated
Crude oil may rise in trade wars between the US and China with the prospect of an optimistic treaty.
I think both sides will sign the treaties.
Although it has provided opportunities for very lucrative trade since the beginning of December, prices can be expected to climb to higher levels.
However, short positions may increase after 64.5 - 65
Even in Overbought regions, the strong weekly signal and favorable weather in the trade agreements are the main points of my share of this analysis.Or you can use this analysis to look for opportunities to buy in case of hold on the price support.
Related ideas show a successful acceleration in the weekly outlook, and give us a good basis with optimistic bulletin between USA and China.
You can review.
You can modify your stop levels according to your leverage.
I think this analysis is much less risky with the following parameters:
RISK/REWARD RATIO : 1/3
POSITION SIZE : % 1
STOP-LOSS : 57.7
GOAL : 69.183
I think both sides will sign the treaties.
Although it has provided opportunities for very lucrative trade since the beginning of December, prices can be expected to climb to higher levels.
However, short positions may increase after 64.5 - 65
Even in Overbought regions, the strong weekly signal and favorable weather in the trade agreements are the main points of my share of this analysis.Or you can use this analysis to look for opportunities to buy in case of hold on the price support.
Related ideas show a successful acceleration in the weekly outlook, and give us a good basis with optimistic bulletin between USA and China.
You can review.
You can modify your stop levels according to your leverage.
I think this analysis is much less risky with the following parameters:
RISK/REWARD RATIO : 1/3
POSITION SIZE : % 1
STOP-LOSS : 57.7
GOAL : 69.183
Comment
I' ll share that ideas more detailed and more suitable for real trade version on a new idea.Comment
TP1 : DoneRelated publications
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