Oil near buy area - TP 61.40 $ - how to trade
Dear traders, the market price moves within up wedge and is in the middle of the trading range which is not worth to enter a position.
A good buy entry is at 60.66 $ with stop loss as drawn in the chart.
-MACD indicates another possible down move because the bearish volume start to getting bigger again and baselines still moving down.
-Bollinger bands getting tighter which indicates an incoming bigger market movement.
When to enter the market exactly will be published in our VIP group - contact us for further information.
A good buy entry is at 60.66 $ with stop loss as drawn in the chart.
-MACD indicates another possible down move because the bearish volume start to getting bigger again and baselines still moving down.
-Bollinger bands getting tighter which indicates an incoming bigger market movement.
When to enter the market exactly will be published in our VIP group - contact us for further information.
Trade closed: target reached
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
