USOIL is forming a bullish pattern, I'll be looking to see the price at 65 and 70 $ soon,
Trade with care, respect your money managment.
Best Regards.
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Oil is pushing for upside, It is risky to go for buy from the current level.
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Trade closed: target reached
The target was reached, now we will hold on Oil buying, let's watch what will be the Q1 Data of the US GDP.
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US GDP q/q 3.2% ** 2.2% ** 2.2%
We will see if the Oil will go for new HH, it is already up 40% since the start of the year, but with Trump banning all nations from buying the Irannian oil, we will see a new bull run for the prices
Above you can find a link for Mr Trump Twitte about calling Saudi Arabia to relase the flow of oil, so this news will drive the market for the next comming days.
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