Oil Next Move Before Summer
Updated
This my idea about the current movement on oil
we have seen a big chart aiming at 120$+
But for the moment and in the present situation things need to chill out and gain power and clear path.
we will see increase in prices very soon but this is a time to take the chance of an exploit and benefice from it.
Never trust a candle use your risk and money management very well, you can get money but you can lose it to (don't risk with what you can't lose)
we have seen a big chart aiming at 120$+
But for the moment and in the present situation things need to chill out and gain power and clear path.
we will see increase in prices very soon but this is a time to take the chance of an exploit and benefice from it.
Never trust a candle use your risk and money management very well, you can get money but you can lose it to (don't risk with what you can't lose)
Note
The red line came handy to prove us that there's really a hard resistance to break.Understand my idea before trading, it"s helpful.
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.