Crude Oil - Channel Breakout
Updated
Brent Crude has been in a falling channel for few weeks now and that channel has been violated.
Price has also retested the channel once.
So assuming the low will hold Buy at 63 with a Stoploss of 59 Targets can be 64.3, 68.6 and 72.
Price has also retested the channel once.
So assuming the low will hold Buy at 63 with a Stoploss of 59 Targets can be 64.3, 68.6 and 72.
Note
Expecting at least 50% retracement if stop-loss doesn't triggerNote
Wrong signal on the description. Its Long not Short.
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