ForceFollower

West Texas Oil: A Potential Climb Up The Fork

Long
OANDA:WTICOUSD   West Texas Oil
Price's highs and lows seem to be clinging nicely to this fork, so I find it likely to be followed. Target? Either at the Median Line or even higher, Ret-9%, MLH or even at the level of $50.
Risk management: make sure you treat every trade like an idea that can fail. A too strong opinion may make you take too much risk.

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.