Just an update on my post from yesterday. I am planning on taking a long in the green box. This is a bit riskier trade than I normally like to take, but I think it will yield well. Possible add just below entry at 80.5. (this is a key level of a descending parallel channel)
Note
As you may see I traded this for decent rally, later I then went long again between $76-78. That turned out to be a great trade! Check my channel for my most recent crude oil post from today!
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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.