USOUSD Oil Long bets. Moving up slowly but surely. Daily TF.
Updated
https://www.tradingview.com/x/0GRGjRKO/
The intraday chart around the 1hr and 2hr is a tad hectic with double / triple top, so the daily chart here has a triple bottom for structure support and a head'n' shoulders pattern which I dont think has triggered quite yet.
This trade I recommended on Monday for a long position and these price levels are a bit of a bargain.
If you wanted to buy in I would be buying the closing candle at 69.20
1 HR chart below. Price is just a nudge under 69 now
The intraday chart around the 1hr and 2hr is a tad hectic with double / triple top, so the daily chart here has a triple bottom for structure support and a head'n' shoulders pattern which I dont think has triggered quite yet.
This trade I recommended on Monday for a long position and these price levels are a bit of a bargain.
If you wanted to buy in I would be buying the closing candle at 69.20
1 HR chart below. Price is just a nudge under 69 now
Trade active
* Oil pushes up into a resistance area. Check below in notes & I will take a look at what's beyond the resistance and a possible Long entry & if I think it is worth while or risky.
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.