Guys,
I heard many people are talking about the oil buying trade, the main reason is they think the neck line is broken, and the price has stood above for long time.
I admit it, however, i still found it is quite strange that the market seems not finds the consensus, i mean the price action is not solid and strong after the neck line, which it should be.
so, personally, i would prefer it is a fake break, and waiting for the selling opportunity, unless it offers me a solid price action, like a great candle or something.
Never enter the market once you have doubts about it, because, no wins is always better than loss.
Success
RandR
I heard many people are talking about the oil buying trade, the main reason is they think the neck line is broken, and the price has stood above for long time.
I admit it, however, i still found it is quite strange that the market seems not finds the consensus, i mean the price action is not solid and strong after the neck line, which it should be.
so, personally, i would prefer it is a fake break, and waiting for the selling opportunity, unless it offers me a solid price action, like a great candle or something.
Never enter the market once you have doubts about it, because, no wins is always better than loss.
Success
RandR
Comment:
no idea what the oil is going to do, be patient and give it a bit more time.
