The Energy complex currently has mixed signals.
However, the New York Heating Oil contract appears to be setting up for a bull run.
With the Minor Pivot Stack providing support, the price looks like it is readying for a move up.
Go long if the price breaks above 1.9065 and place a stop loss at 1.8660.
With a profit target at 2.0545, this makes for a good risk reward trade.
Trade the March 2019 contract, symbol HOH2019, on the ICE Futures exchange with any NFA registered U.S. futures broker, both regulated by the U.S. Commodity Futures Trading Commission.
However, the New York Heating Oil contract appears to be setting up for a bull run.
With the Minor Pivot Stack providing support, the price looks like it is readying for a move up.
Go long if the price breaks above 1.9065 and place a stop loss at 1.8660.
With a profit target at 2.0545, this makes for a good risk reward trade.
Trade the March 2019 contract, symbol HOH2019, on the ICE Futures exchange with any NFA registered U.S. futures broker, both regulated by the U.S. Commodity Futures Trading Commission.
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Follow:
Telegram: t.me/Pivotstax_Intraday
twitter.com/Pivotstax
Telegram: t.me/Pivotstax_Intraday
twitter.com/Pivotstax
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.