- Chart above MA 200, shows a strong bulls power
- Chart break out on D1 timeframe
- Good volume on the breakout
- RSI above 50 and showing uptrend momentum
- Profit taking are currently happening
- Chart moving into SNR area
Other info
- Oil price are showing positive moves
- Energy industry breaks MA 200
Recommendation - Buy at 1.30, TP at 100%, SL at 15%. RR = 1:6
TAYOR.
- Chart break out on D1 timeframe
- Good volume on the breakout
- RSI above 50 and showing uptrend momentum
- Profit taking are currently happening
- Chart moving into SNR area
Other info
- Oil price are showing positive moves
- Energy industry breaks MA 200
Recommendation - Buy at 1.30, TP at 100%, SL at 15%. RR = 1:6
TAYOR.