CRUDE OIL Long position Opportunity
The price is being consolidated between the Trend line (Yellow) and the support line (Green) , we can expect the price to break the trend line along with the immediate resistance line in next price swing ($ 60.68 )
a long position can be taken once the price breaks out of the Trend line and target and stop loss shall be as indicated in the chart
a long position can be taken once the price breaks out of the Trend line and target and stop loss shall be as indicated in the chart
Anulowano zlecenie:
The Consolidation structure broken as the price broke the support line with downward move and hence this trade is no longer valid