Happy Friday oil traders! After a string of losses, I have had to go back and look at my fundamentals again and I have changed some of my indicators to further assist me in reading the market. Logic wasn't working anymore and I am not sure why. Anyway, right now looks like a quick day trade buy, with Stoch RSI and Moneyflow both heading up. I wouldn't get greedy though. 25-30 cents tops. This is for volume traders only! Trade at your own risk and always use stop losses, even if they trigger all the time. :>)
Trade closed: target reached
Took a nice small 30 cent profit.
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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.