Long OIL from 0.618 fib retracement & momentum divergence
1. Divergence formed at 0.618 fib rettracement of the
recent move up(momentum/price)
2. Price retesting broken resistance (long consolidation
3. Missed daily pivot above the price
Golong at this level targeting:
1. Short term - missed daily pivot
2. Longer term - recent highs and above
SL goes below 46.00
recent move up(momentum/price)
2. Price retesting broken resistance (long consolidation
3. Missed daily pivot above the price
Golong at this level targeting:
1. Short term - missed daily pivot
2. Longer term - recent highs and above
SL goes below 46.00
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