OIL WTI BUY/LONG OPPORTUNITY
Oil has broken out of the local resistance (The red dashed line).
Longing a 40% portion and then also waiting on the daily close. If we manage to close above the dashed line I will go long further.
Will state targets once the daily closes.
Longing a 40% portion and then also waiting on the daily close. If we manage to close above the dashed line I will go long further.
Will state targets once the daily closes.
Note
Closed 50% of my long position and moved stop loss to entry for the rest.Trade closed: target reached
Took profit of the rest. Bearish on mid term charts. May get a re-entry at $61. Will wait and see.
Big ooft
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Big ooft
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.