Crude Oil - Roni Baloni
Oil likely to remain range bound until the Covid situation is clear. All eyes on New York. worldometers.info/coronavirus/usa/new-york/
$40 is the top of the range. Somewhere between $28 and $35 is the bottom. Waiting for a bounce to start buying dips and then taking profits near the top of the range.
Roni Baloni:
If things aren't as bad as they seem and a daily candle closes above $40.50 I'll look to buy. Longer term target is $62.50
Roni Apocalypse:
If there is a complete meltdown and a daily candle close below $28 target is then $10.50
$40 is the top of the range. Somewhere between $28 and $35 is the bottom. Waiting for a bounce to start buying dips and then taking profits near the top of the range.
Roni Baloni:
If things aren't as bad as they seem and a daily candle closes above $40.50 I'll look to buy. Longer term target is $62.50
Roni Apocalypse:
If there is a complete meltdown and a daily candle close below $28 target is then $10.50
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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.
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.