Although a FAKEY setup just emerged indicating a probable sell, according to Friday's close, because of the overall trend that is apparent since the 11/2/2016 (the pin bar on that date signified it clearly), I would rather remain long, waiting though to enter better on the support around 32,20 (green dotted line). S.L. would be below the 8 EMA and T.P. around the resistance (35.00)
Trade closed: target reached
Take profit opportunity. USOIL may stall, so it is a good point to take profit and exit.
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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.