mateka

Brent Crude stood up from it's ashes? Idea for searching longs

Long
TVC:UKOIL   CFDs on Brent Crude Oil
Brent Crude Oil opened today with a gap (purple), which serves a as a strong support level for the price. As the trend is upward searching for good entries to take long positions are suggested. It might happen that smaller intra-day correction can occur to offset the rise, but all in all long positions are favorable.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.