Oil is in the are, where price made a tail candle and reversed back again and again. It should move at least to the closes point of control. Then, I will move my stoploss and eventually close the position.
However, if we break the support and close below it, likelihood of continuing downside will be high.
However, if we break the support and close below it, likelihood of continuing downside will be high.
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.
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.