ridethepig

Key Support Holding In Oil

ridethepig Mis à jour   
TVC:USOIL   CFD sur Pétrole brut WTI
As long as prices remain above the key lows we can play the trading range; a break of the 54.04 is showing bullish signs in the short-term and opening up the highs in the range for a test.

To the downside we can keep things very simple and play the breakdown, if bears take 50.55 it will expose 45.49 and 42.40 immediately after.

For the long term chart we have the current flows in play:


We traded the highs live earlier in the year and have entered in severe chop ever since...


Best of luck those trading the inside range, a very tricky playing field.
Trade fermée: cible de profit atteinte

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.