Light Crude Oil (US Oil). A Great BUY Signal Triggered on 5th May 2023.. Market Rallies Over 300 points!
This was a trade taken on the Light Crude Oil Market (US Oil) on a 15 min chart. It was triggered with the BLUE price bars indicating Strength. Blue price bars mean we are looking for BUY trades with the indication the market is more likely to head upwards. Our BUY was triggered with the price action trend being in a confirmed up mode. Our Price Action trends are confirmed using a scientific set of rules. What a signal this turned out to be. It was a great 300 point move!