Hello Traders, welcome back to another market breakdown.
GASOLINE appears to be attempting to establish another low. A breakout above critical resistance levels could indicate a potential continuation of the upward trend. However, the price is currently consolidating within a range. Therefore, rather than entering at the current levels, it is advisable to wait for a breakout followed by a pullback into the breakout zone for a more calculated and strategic entry.
Maintain discipline, allow the market to align with your strategy, and approach trades with confidence.
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.