A significant short squeeze is in a making, possibly.
Once, $46.4 level is broken up, it should fly up to 51.5 for now, till it meets some decent resistant.
------------- Our Analysis -------------
LONG (entry is valid as long as the price is above $42) SL $39
TP1 $51.5 TP2 $53.5 TP3 $58.1
DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Free Telegram FX/Stock analysis at your fingertip @ t.me/sonictraders Follow our Trading View, @ bit.ly/2cPqno5 Visti our Webby @ bit.ly/2bIedl1 Like our FB @ bit.ly/2gwCLio Looking for a good broker? Go to cmc.mk/VYK92O
Note
Updated View On Crude Oil (12 Jan 2018)
+600 pips TP is hit. Did you follow? Congrats.
Let's it go sideways/pull back for now. Be patient. We are still on the bullish bias.
------------- Our Analysis -------------
LONG (entry is valid as long as the price is above $42) SL $39
TP1 $51.5 TP2 $53.5 TP3 $58.1
DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" <or> "Comment".
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.