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.
OILI 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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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.