OIL needs fresh air
Updated
As i mentioned in my previous post, USOIL touched the channel top (channel exists since 6th of October). Stochastic and RSI also indicates a SHORT correction coming. USOIL is going to touch the bottom of the channel, maybe even break it!
In longterm it is still bullish because of the international news.
PLEASE SHARE YOUR OPINION! If don't agree, comment. If agree, like and follow for more, it is a nice feedback to me :)
In longterm it is still bullish because of the international news.
PLEASE SHARE YOUR OPINION! If don't agree, comment. If agree, like and follow for more, it is a nice feedback to me :)
Trade closed: stop reached
Although i haven't took this position personally, i think it is fair to say it would have hit my stop loss level.
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