I think we should sell OIL now, the resistance outlined on the trend line doesn't look like it will be broken.
Let me know what you guys think.
NB: This is my opinion and this is for educational and discussion purposes only.
Let me know what you guys think.
NB: This is my opinion and this is for educational and discussion purposes only.
Trade active:
Also, what I noticed is the trend line is being respected at the moment. If the price surpasses my trend line by a decent amount I will close the trade and take my loss.