Happy Friday oil traders! After a string of losses, I have had to go back and look at my fundamentals again and I have changed some of my indicators to further assist me in reading the market. Logic wasn't working anymore and I am not sure why. Anyway, right now looks like a quick day trade buy, with Stoch RSI and Moneyflow both heading up. I wouldn't get greedy though. 25-30 cents tops. This is for volume traders only! Trade at your own risk and always use stop losses, even if they trigger all the time. :>)
Trade closed: target reached:
Took a nice small 30 cent profit.