Keeping an eye on that black gold

145
Keeping an eye on that black gold for my best friend @lifeonthewater. Notice the downtrending black channel that oil is in. Its providing a nice trading range for us. A break out of the channel opens the door for oil to run to the top of the range where the dashed line is. We got a monster wick out of the support zone with some fantastic follow-through. Thats some nice bullish strength that Id like to see tested again to see if it holds.

No trade idea here... just observing.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.