Oil feels a little tired in the current highs, and the stochastic is turning negative, and we are in to the BB high as well.
I feel sell strategy between $ 79-80.50 with a stop-loss $ 85 to be a reasonable trade strategy. The profit objective in the low $ 72s.
the strategy is a very short-term one, and that is why the the sop and profit levels are within close reaches.
I feel sell strategy between $ 79-80.50 with a stop-loss $ 85 to be a reasonable trade strategy. The profit objective in the low $ 72s.
the strategy is a very short-term one, and that is why the the sop and profit levels are within close reaches.