USOIL:It is recommended to short at 69-69.2
As mentioned above, 69-69.2 is a short-term pressure point. You can go short at this pressure point today. The current volatility has limited impact on the recent fundamentals. If you want to go long first, you can try with a light position and mainly go short on rebounds.
My suggestion is to go short when it rebounds to 69-69.2, with a target of 68-67
Trade active
Note
I added short positions around 69.9Trade closed: stop reached
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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.