OILUSD long
Updated
interval:240 min
time identified: 14:10 pm (UTC+2)
DESCRIPTION:
technical analysis:
We are in a bullish channel; this is a good entry for us because we are just coming from a correction, and we should expect to go bullish long enough to bag 2000 pips.
news:
The conflict in the Middle East has been associated with soaring oil prices. Now that world leaders are stepping in to bring peace, there has been a drop in oil prices, but can we really see oil prices drop lower than this? I don't think so. But let's wait and see how this one plays out.
time identified: 14:10 pm (UTC+2)
DESCRIPTION:
technical analysis:
We are in a bullish channel; this is a good entry for us because we are just coming from a correction, and we should expect to go bullish long enough to bag 2000 pips.
news:
The conflict in the Middle East has been associated with soaring oil prices. Now that world leaders are stepping in to bring peace, there has been a drop in oil prices, but can we really see oil prices drop lower than this? I don't think so. But let's wait and see how this one plays out.
Trade closed: stop reached
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