An exception to be made in USOIL. Short time
Hi Folks:
I am considering an exception in the USOIL and taking shorts only because the BRENT oil has hit a resistance level and since they are correlated we may consider a good oportunity to short at current levels.
Target remains unchanged at the moment.
STAY SAFE. Cheers
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I am considering an exception in the USOIL and taking shorts only because the BRENT oil has hit a resistance level and since they are correlated we may consider a good oportunity to short at current levels.
Target remains unchanged at the moment.
STAY SAFE. Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
Trade closed: stop reached:
Well played BULLS! I was not expecting such a big move after worsening fundamentals due to Omicron, but I guess big fund managers wanted to close their accounts a bit higher before locking in their yearly profits. Let's check the new scenario in a new chart.
