Longing oil here. 2.5% risk Proper break after buildup leading to double pressure. High odds of continuation, the level was defended hard before the break which indicates strength by the bulls. Stop below the ceiling test and buildup progression. Targeting the origin of the big selloff (D1). Been waiting for this breakout and retest for nearly a month now.
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.