We are on the top of a 2 point cliff and if oil drops below 52 then the next 2 points should be a easy drop. and a move above 53 that holds could be a nice up move recovery.
I will be trading the 1 point range back and forth until it picks a side
I will be trading the 1 point range back and forth until it picks a side
Trade active:
oil broke below my 52 line and then on a bounce could not close back above that line on a small time frame chart so took a 51.90 short stop is in and protecting a small gain, will see if i can get it to work longer term for the day