Oil: From line to line. (USOIL:70+)
Updated
My Oil forecast. Be prepared for a huge move in it. Good trades for everyone.
Trade active
Pay attention to the trade name: "Oil: From line to line". Looks like we are closing to bottom line now. Excellent possibiility for buying with 60 fast targets. However, being prepared for possible shot down till 47-48. However, if we are waiting for deeps too long we could miss a trade and possibility. Thus final gab to 50-52 would be excellent for aggresive buying. A collapse feeling that it is going to fall till zero and fear of buys always good for turnaround. Experience tells thats such moments are excellent for Longs. Look if we have such at this week.Trade active
LONG! LONG! LONG! RED LINE WAS REACHED!!!Note
Look like 47-48 ahead. :(Note
Worse, that is 42-44 possible now. 50 was broken too fast, no resistance from a Bulls. However, not cancel this idea yet.Note
37-38 is also possible in my opinion till the end of a month. Note
Note
Still no enough arguments to close a trade. Keep watching carefully.Note
If you jump in and out, you loose for sure. I prefer to loose because of wrong direction but not because of bustle moves.Note
Awaiting of 47.77 now. Very important level.Order cancelled
The dangerous asset. A rigorous risk management is mandatory.
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