US OIL LONG TP HIT

1 thg 9, 2020

I placed a long on USOIL with it playing very range bound not moving a lot but it has been respecting my trend-line, also i have seen some good support as this level so i decided to buy in at $42.80 with my stop loss $42.40 below previous support and below the trend-line. Oil has been doing rather good since crash going to $0 when the corona-virus hit the world by storm but now things are going back to normal with cases slowly but surely going down. My Take Profit Has Been Hit I Will Be Taking A Step Back As I See Oil Playing Very Range Bound For The Most Part. This Trade Was Mostly TA With A Small Amount Of Fundamentals. Where Does Everyone Think US OIL Will Be By The End Of 2020?