Huxky

March Price Prediction

Long
TVC:USOIL   CFDs on WTI Crude Oil
Hello traders! Interesting setup we have going. After the drop we had 3 expectation. 1 - HNS, 2- Double top or 3 - further correction. Bull flag certainly narrowed my expectation field. 63.10 proved to be a great support and we should be heading for either scenario 1 or 2. To have a higher probability of our price target, we must breakout through 66.70. Plenty of opportunity to take in-between for scalp. Price target remains above 68+.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.