In our last analysis, we were short Oil and looking for prices below around the $60 level. Price action has been really clean for Oil and we are within a descending channel anticpating another drop. Looking for a strong bearish move to break the ascending trendline before jumping in this trade.
Targets:
First TP: $62
Second TP: $58
Goodluck and as always trade safe!
Targets:
First TP: $62
Second TP: $58
Goodluck and as always trade safe!
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