It's highly likely the price of oil is still going up. You can probably enter BUY just above the support/resistance of 48.34 and have your take profit at the next support/resistance of 49.15 for a clean 75 pip meal.
Note
Closed... took out the stop.. should have kept that wider. Below that low.
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.