Note: Crude Oil
Now we see the price of crude oil is near the strong
resistance zone at 52.2x level.
There are 2 trading plans for this:
1. If the price breaks the resistance zone strongly,
wait for pullback to the resistance zone or 20-EMA
and bullish signal to long again
2. If there are 1-2 more bearish signal around the
resistance zone, it might be good to short!
Now we see the price of crude oil is near the strong
resistance zone at 52.2x level.
There are 2 trading plans for this:
1. If the price breaks the resistance zone strongly,
wait for pullback to the resistance zone or 20-EMA
and bullish signal to long again
2. If there are 1-2 more bearish signal around the
resistance zone, it might be good to short!
Related publications
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.
Related publications
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.