Colleagues, I think it's time to go long on oil again.
I waited out the dip/manipulation — not important now; what matters is that the nerves are intact.
Price is starting to press up against the 65.60 level again, and I actually like that there was a shakeout — it cleared out the weak hands.
Overall, I’m bullish — expecting higher targets.
Please make sure to use stop losses. This asset is highly volatile and tricky.
I waited out the dip/manipulation — not important now; what matters is that the nerves are intact.
Price is starting to press up against the 65.60 level again, and I actually like that there was a shakeout — it cleared out the weak hands.
Overall, I’m bullish — expecting higher targets.
Please make sure to use stop losses. This asset is highly volatile and tricky.
Note
Place the stop loss just below today's low
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.
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.