When we look at the chart we can see that the price is testing a support zone in the hourly chart. If we can get a confirmation that this is holding we could consider to go long on it.
Trade active
Going to risk it because this risk-reward is to high to miss.Trade closed: target reached
Take profit reached. Made a good 6.5%. A good end of the week. With the other USOIL trade we are now: 10.18% in profit.
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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.