mohammadhassanli

Black Gold to 94

Long
mohammadhassanli Updated   
TVC:USOIL   CFDs on WTI Crude Oil
even if global oil price set to start a deep retracement , we should have another touch to green rectangle .
although i do not think global oil price would fall again .
by Russian export cuts news i believe crude price could rise to 94$ per barrel easily.
well let's go back to the chart , there is an inverted H&S pattern which clearly formed in 15min time frame so now we have both technical and fundamental reasons to longing the black gold .
lets see what happens
Trade closed: target reached
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.