Oil has broken out of the local resistance (The red dashed line).
Longing a 40% portion and then also waiting on the daily close. If we manage to close above the dashed line I will go long further.
Will state targets once the daily closes.
Longing a 40% portion and then also waiting on the daily close. If we manage to close above the dashed line I will go long further.
Will state targets once the daily closes.
Comment:
Closed 50% of my long position and moved stop loss to entry for the rest.
Trade closed: target reached:
Took profit of the rest. Bearish on mid term charts. May get a re-entry at $61. Will wait and see.
Big ooft