I believe that oil is beginning another topping process. I am looking for prices to trade between 50.37 and 55.12;
At this point I am recommending a long position with the following targets:
TP1 52.75
TP2 53.93
If prices show a breakdown of the 52.75 level, then I'll look for prices to enter the lower range initial targeting 48.
I will add updates intra week.
Trade: Active - Long
Good trading to all!
At this point I am recommending a long position with the following targets:
TP1 52.75
TP2 53.93
If prices show a breakdown of the 52.75 level, then I'll look for prices to enter the lower range initial targeting 48.
I will add updates intra week.
Trade: Active - Long
Good trading to all!