LONG ON OIL
Economically - Trump has placed Tariffs on Canada, Mexico and China
Technically - Chart has given a falling wedge into a major support/demand zone and has broken a downtrend line to the upside.
I expect oil will reach $80
Entry - 73.88
SL - 71.39
TP - 80.00
Technically - Chart has given a falling wedge into a major support/demand zone and has broken a downtrend line to the upside.
I expect oil will reach $80
Entry - 73.88
SL - 71.39
TP - 80.00
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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.