Long Position
Pivotal moment for oil right now, we may see it break lower into the 75 area but my analysis says we are awaiting a very impulsive move up. This move may be followed by a low re-test then continuing the new established uptrend. Crude retraced exactly to the 100% extension with a bullish hammer following a bullish harami on a trend line with recent support level. This may rocket up.....
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.