OIL LONG IDEA
As a I mentioned in my previous OIL Idea, i would like to see some market structure change on the 1H. The price made a new higher high, now for the higher low the 1H OB Breaker has to hold, then from the previous resistance, we have the new support, wich can give us an entry point. This zone we have confluence with the Golden Pocket, and our actual Mini Range POC. The plan would be easy, the stop loss is under the lows, the target is the previous equal highs.
Note
Exactly as we waited, the price reached our target
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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.