If you are a bear on oil this could be a good opportunity to short price is at resistance.
However it a risky trade because of geopolitics (Hormuz strait).
SL above 63.80 first target 62.60.
However it a risky trade because of geopolitics (Hormuz strait).
SL above 63.80 first target 62.60.
Note
Moved my sl to 63.400
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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.