Good morning oil traders! I just noticed this trend that started last night. Should be a good quick short. I entered in at $61.30 end of day Tuesday. It appears I will hit my goal of $60.90 this morning shortly after market open. I am expecting long term oil traders will take profit today as the first trading day of the year, plus being a Thursday which is usually a mixed or down day. I expect it will level off around $60.70 as a low today.
Best of luck to you all! If you agree or if this was a help, please click the thumbs up. Thanks and have a blessed trading day!
Best of luck to you all! If you agree or if this was a help, please click the thumbs up. Thanks and have a blessed trading day!
Trade closed: target reached
Nice little gain to start the new year off! I hope everyone has a successful day!
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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.