Crude Oil Futures (Mar 2020)
Long
Updated

Oil on the move

68
Interesting week ahead for oil. Downtrend appears to have been broken this past week and a new uptrend started. let's see if we break Fridays high of $52.34 and push thru $52.50, $52.70-$52.75 then make our way onward to reclaim $53
Trade closed manually
CL rejected off initial resistance on several attempts. Market not yet ready for any further upside movement
Note
looks like the market decided to give it one more go and broke resistance this time.. got to love it. lol

snapshot

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.