dashanmihiraj

High probability for LONG

Long
TVC:USOIL   CFDs on WTI Crude Oil
When see the low time frames like as 15min/30min, we can see the price action trying to break the strong resistance trend line. So we can suppose the resistance trend line, which I mentioned before getting weaker and it will be break from the price action. If it will break the resistance trend line, we have to wait until occurs a retracement of the price action to the same line as a support zone. If this happens we can look forward for long positions to next resistance zone.

Have a profitable week traders. Good luck!!!
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.