Short-term Long for BP
Updated
BPThere is an upside potential to test the nearest resistance 25.72, despite the retreat of oil price last week.
The hourly chart shows bullish indicators following the golden cross ema.
Additionally, 30-minute charts emphasize this short-term bull for the coming week.
happy trading and stay safe.
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
Trade closed: target reached
Amazing race. I closed my position as it is currently 25.30 near the strong resistance.Stay safe and healthy.
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