$20 could be the turn around for US as we could see a bounce back up to $40 from this region.
Price is wicking down to the $20 dollar region and instantly rebounding.
Possibly opec to cut production. Back to $40
Price is wicking down to the $20 dollar region and instantly rebounding.
Possibly opec to cut production. Back to $40
Nota
entered at 19.83 as my broker uses a different chart. It is the same as the $20. Seen a good rejectionNota
Stops well in profit with 1/4 of my position taken off. Watching the $28 region as it is the first obvious resistance.This surge is on news of Saudi Arabia and Russia cutting barrels by approx 10 million barrels.Nota
Broke straight through $28.00 Region Looking for a break and retest. My next key region I will be paying attention to is the $33.00 this is where my 200 ema is at as well. Happy weekend!Nota
What really triggered this bull run was the Donald's tweets. Leaving it over the weekend. Trump's tweets were reckless IMO and prices could reverse but technicals look strong to reach $40.00 next week. I will be monitoring on Sunday and making sure I take some more of my position off.Nota
Price has stalled at the $28.00 Region. I see this as a consolidation to go higher. Expect some sort of wicks down in the $26.00 region for price shake out the longs with tight stops. I expect $30.5 region next key resistance.
Nota
OPEC news suggesting 10 million barrel reduction. Price went close to my stops but missed. Waiting for daily closure.Nota
OPEC meeting today. I have ensured My stops are in profit
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.