Hi guys. Here are my thoughts for oil prices :
- Crude Oil is on a bull run since December 26th, 2018. Prices are experiencing a 3rd rotation (Pullback < 20%). The bullish momentum is still present and we might experience a long run continuation at key levels.
There is a strong resistance at 57.000 - 57.500.
- Likely support levels would be 55.500, 55.000.
- 3 attempts should be the maximum.
- 10 pips of stop loss with a spread of 5 pips giving a total of 15 pips stop.
Feel free to comment or give ideas.
Succesful trading!
- Crude Oil is on a bull run since December 26th, 2018. Prices are experiencing a 3rd rotation (Pullback < 20%). The bullish momentum is still present and we might experience a long run continuation at key levels.
There is a strong resistance at 57.000 - 57.500.
- Likely support levels would be 55.500, 55.000.
- 3 attempts should be the maximum.
- 10 pips of stop loss with a spread of 5 pips giving a total of 15 pips stop.
Feel free to comment or give ideas.
Succesful trading!
Dagangan aktif
First Buy Position Failed (Stop Loss triggered).Second Long Position currently active. Limit order @ 55.500, Stop @ 55.250 and target around the resistance area (57.000 - 58.000).
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.