USOil has been consolidating since late December. If you're a trend trader you know you're either going to be waiting for price to break the consolidation range before you trade or if you were already in the trade, you'll be holding onto the trade until price begins trending again. Well, USOil finally made a new low.
This is a great time to setup for future sell positions if rice pulls back and can stay below the last lower high price. If you haven't read my previous post on oil, where I go into detail about the consolidation range, give it a read. The post is below.
As always, thanks for reading this quick post. Be sure to like the post to boost it. I appreciate it.
This is a great time to setup for future sell positions if rice pulls back and can stay below the last lower high price. If you haven't read my previous post on oil, where I go into detail about the consolidation range, give it a read. The post is below.
As always, thanks for reading this quick post. Be sure to like the post to boost it. I appreciate it.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。