OIL - jump on the trend now
The convergence of two significant trend lines with 90 ema along with the support of a hammer candlestick and a strong volume area suggest a great entry point to go long.
Stop below the yellow rectangle (support zone).
Stop below the yellow rectangle (support zone).
Note
Area 65$ worked good again as support
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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.