Brent Crude OilLong
Holding onto my LONG BC34.46OUSD trade
My BCOUSD LONG trade that I posted some back (uk.tradingview.com/chart/BCOUSD/fufuHdTU-BUY-OIL-The-technicals-demand-it/) has reached its first target and I'm holding until we reach the next line of
resistance at 34.46. There's a huge area of space above this level so it will be interesting to see if price can break through this resistance and push further north. I can see no reason why it shouldn't so let's see what happens over the next few weeks.
resistance at 34.46. There's a huge area of space above this level so it will be interesting to see if price can break through this resistance and push further north. I can see no reason why it shouldn't so let's see what happens over the next few weeks.
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.