In our last analysis, we were short Oil and looking for prices below around the $60 level. Price action has been really clean for Oil and we are within a descending channel anticpating another drop. Looking for a strong bearish move to break the ascending trendline before jumping in this trade.
Targets:
First TP: $62
Second TP: $58
Goodluck and as always trade safe!
Targets:
First TP: $62
Second TP: $58
Goodluck and as always trade safe!
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.