USOIL - Back we go into the gap of dreams!

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OIL has been a very interesting commodity to look at recently - I have had my eyes on this HUGE gap for a while now and it looks like we are finally inevitably making a return into the range of it.

BE CAREFUL HERE - these areas of price are hypersensitive and can provide ugly conditions on intraday charts if not approached correctly.

I will personally be closing my short positions once we protrude the box shown on the screen capture - I will re-assess where we go from here in due course.

Until then, stay safe and happy trading!

Best wishes,
Jake

Penafian

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