US OIL: Why we were long..
We looked long on various Analysis / Livestreams for US OIL.
Oil is heavily Sentiment based as a commodity.
Tightening supply news pre-empted the move but what really should've struck you is:
- Weeks of harsh down move.
- Key support
- Previous price action
- Market Value
These FOUR things would've led to a great educated assumption which is what you need to make a good trade.
What's more you could've traded the aftermath and took further gains.
Looking for light side Trades in accordance with PA levels (Up or Down).
Oil is heavily Sentiment based as a commodity.
Tightening supply news pre-empted the move but what really should've struck you is:
- Weeks of harsh down move.
- Key support
- Previous price action
- Market Value
These FOUR things would've led to a great educated assumption which is what you need to make a good trade.
What's more you could've traded the aftermath and took further gains.
Looking for light side Trades in accordance with PA levels (Up or Down).
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.