Oil is currently in an uptrend. I am watching to see whether Oil breaks above the temporary resistance level and move up OR break down below the key support signaling the end of this uptrend.
Only LONGS next to support levels are recommended in an uptrend. Shorting resistances could prove to be a suicide.
Only LONGS next to support levels are recommended in an uptrend. Shorting resistances could prove to be a suicide.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.