USOIL: ABCD + Triangle + Parallel Channel. The Bullish Trend?

I prefer to Long Oil. However, if you look on Oil's historical prices and dynamics you could see that Oil could break ANY Technical analysis rules and trends. That's why ANY trade (Bullish or Bearish) in this asset IS HIGH-RISK one (!), especially now, when prices below zero (!) don't look like something unreal.

Disclaimer: This asset is not for new traders or those who don't tolerate ULTRA HIGH risks. I don't recommend this trade (also I don't recommend any other trade). This is just my market view on the current moment. It could be TOTALLY WRONG. If my view changes in the future I am not going to update this idea or publish a new one.

取消訂單:

The dangerous asset. A rigorous risk management is mandatory.