mrmadonsela01

oil

Long
mrmadonsela01 Updated   
looking to buy but oil, price is currently in consolidation looking for a spike to force liquate the recently created low( Demand)
Comment:
though a break below 70 will be a problem for us but we should mostly monitor the break/spike, the thesis behind the trade is simple economics supply, demand and equilibrium price with it components

Related Ideas

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.