Unbaam

Oil on daily trendline from higher high

Long
Unbaam Updated   
NYMEX:CL1!   Light Crude Oil Futures
Oil has dropped fast to it´s trendline on Daily timeframe. Since the drop comes from higher high, I see this as a decent try for long trade. GL!
Comment:
Changed the RSI channel to new DD+ so it should better describe current PA:
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.