Opened a Long here on
OIL
I normally don’t trade OIL because of how manipulated the market is with all these Trump Pump n Dump tweets, but the setup looks a bit too juicy to pass up.
Currently testing support on the 100D MA which coincides with the bottom of the bull pennant.
If PA doesn’t fall out of the pennant, at the very least we have ~15% gain if price reaches $100, which seems extremely feasible considering there is no clear off-ramp whatsoever for the war in Iran and opening the Strait of Hormuz.
Note the B13 BUY SIGNAL on the TD Sequential.
I normally don’t trade OIL because of how manipulated the market is with all these Trump Pump n Dump tweets, but the setup looks a bit too juicy to pass up.
Currently testing support on the 100D MA which coincides with the bottom of the bull pennant.
If PA doesn’t fall out of the pennant, at the very least we have ~15% gain if price reaches $100, which seems extremely feasible considering there is no clear off-ramp whatsoever for the war in Iran and opening the Strait of Hormuz.
Note the B13 BUY SIGNAL on the TD Sequential.
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
