I do not like we broke the trend line of the triangle. This means abort short that was established @ 101-102.
The cloud is still the obstacle for further strength to develop. The signal is positive and stochastic is as well. For those willing to try BUY current and place stop-loss below $ 98 and take profit @ 115. I am not taking a position as I am not fully convinced, but news is supporting oil and bids will remain to be there for coming days ahead is my feel.
The cloud is still the obstacle for further strength to develop. The signal is positive and stochastic is as well. For those willing to try BUY current and place stop-loss below $ 98 and take profit @ 115. I am not taking a position as I am not fully convinced, but news is supporting oil and bids will remain to be there for coming days ahead is my feel.