Get started
swapwad20089

Support and resistance on crude oil

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
swapwad20089 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Support and Resistance Supply and Demand
0
0
trendanalysis supportandresistance supplyanddemand
Positional Trade
Comment:
Not able to break the resistance. Hopefully now we are heading for 68$. Short trade can be initiated for 70pips
Comment:
Resistance already kicked... lets hope its not strong and we are heading towards 72$...
Trade closed: target reached:
All long targets are achieved. Crude oil shown good correction on each resistance level and gave us good profit on long positional from 68 dollars for target of 71 dollor and additional short position on each resistance level. Thought trade lasted for more than 3 weeks but gave pretty good profit.

Happy to close the target.
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.