- Broke out of falling wedge around 109 and is moving well in the supply zone.
- With two wars, geopolitical risks are high and this could play out as a good hedge.
- First target would be around 117. New pivot there might set this up for higher price.
- I am long from 109.50
Trade active:
Working nicely off of Weekly 200 bounce and holding well near ATH. Likely to shoot higher above 180.
Comment:
