At the end of 2017, Oil, gold, stocks, and even non-USD currencies had a nice rally, and all of which encountered some correction recently.
USOIL showed best relative strength while it also just finished a daily double top.
When a strong trend turns into consolidation and fluctuation, that's the time when the "buy low sell high worked the best.
It's not a bad idea to short the 2618, while this butterfly long is closer lol.
Let's see how it goes!
USOIL showed best relative strength while it also just finished a daily double top.
When a strong trend turns into consolidation and fluctuation, that's the time when the "buy low sell high worked the best.
It's not a bad idea to short the 2618, while this butterfly long is closer lol.
Let's see how it goes!
Order cancelled
It broke without any reversal sign even in 5min chart, this trade cancelledDisclaimer
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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.