OIL low risk buy trade

27 thg 11, 2018

Oil fell quite sharply over the course of few weeks, breaking out the multi months bullish channel, for now i am expecting market is likely to hold and may retest the base of the broken bullish channel, momentum however on shorter term time frames is weakening as well, so i am looking for a strong break here in order to get my longs. Watch this market carefully as this is a counter trend trade.

Trade Safe.
Thanks for your support.