When the facts change so do I. This is an update to my Oil chart I posted back on Christmas 2023
Explanation of how Oil Bulls should handle this chart setup with reduced risk.
Note
MAGIC! This is exactly what I meant when made this video as to why i hate wedges.
Note
A great example of what I talked about in the video as to why I hate wedges. Also why I offered to wait for lower prices as a safer play before getting involved to the long side. :)
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.