OIL is closing in on support.
Oil has been falling since it broke out of the bigger bearflag on the daily chart.
Support now is getting close 42-41.75.
I am looking for a long position down at support.
This is going to be a short term trade given the bearish nature of oil.
Support now is getting close 42-41.75.
I am looking for a long position down at support.
This is going to be a short term trade given the bearish nature of oil.
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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.