Where is Oil Going?
In my opinion, oil has has been climbing higher on some weak fundamentals, not so bullish EIA & API data, and mostly due to hurricanes & the conflict in norther Iraq...
Here are my trend lines. Treat the stop as a pivot for a move in either direction.
T1 = Target 1
T2 = Target 2
Full disclosure, I am short-term bullish, medium-term bearish, long-term not sure, long-term bearish (mostly dependent on if we get final dollar rally) If inflation shows up... and if it really does... all bets are off and I'd mostly be bullish.
**Not a pro trader, do your own work**
Here are my trend lines. Treat the stop as a pivot for a move in either direction.
T1 = Target 1
T2 = Target 2
Full disclosure, I am short-term bullish, medium-term bearish, long-term not sure, long-term bearish (mostly dependent on if we get final dollar rally) If inflation shows up... and if it really does... all bets are off and I'd mostly be bullish.
**Not a pro trader, do your own work**
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.