OIL has started next leg of correction. It might try to touch trendline. The upmove from the previous swing low is corrective and it broke the 20 DMA.
My stop is 20 DMA on closing basis or it breaches the swing high on intraday.
My stop is 20 DMA on closing basis or it breaches the swing high on intraday.
Trade active
Trade closed: target reached:
It has reached the Target. I am closing it the idea although it might go lower.