Oil remains very strong and continues to show bullish behavior.
There is a high probability of a further move to the upside.
After the recent correction — where my previous long was stopped out with a small profit — I am looking to re-enter long positions.
There is a high probability of a further move to the upside.
After the recent correction — where my previous long was stopped out with a small profit — I am looking to re-enter long positions.
Note
Oil has broken through the resistance level and is moving higher.At the moment, there is already a 2% accumulated profit on the position.
I continue to hold it further.
I've moved the stop to breakeven.
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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.