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29.03.2023 08:18 AM
Trading tips for oil

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The previous trading plan for oil aimed to raise its rate in the market.

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That is exactly what happened during yesterday's US session, when the quote moved up and tested the second resistance level of $73.6.

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Huge congratulations to those who followed the strategy! The price movement was as much as $6.5.

Traders can close part of the long positions for profit.

The trading idea was based on the "Price Action" and "Stop hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2024
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