The parallel Channels indicates that oil is in it's upper zone and will soon fall.
If the channel breaks.. well first of all i'll lose quite a lot of money since i shorted a little bit too early
But most importantly, we could be reaching for the 90's for UKOIL !
Im new to trading and will gladly receive any advice.
If the channel breaks.. well first of all i'll lose quite a lot of money since i shorted a little bit too early
But most importantly, we could be reaching for the 90's for UKOIL !
Im new to trading and will gladly receive any advice.
Trade closed: stop reached:
It's going up for now and i closed all my positions until i can figure out what can happen next.