US OIL (Crude) Weekly level and Trend Breakout setup
Updated
Crude tested its weekly resistance at 76.88 which is a significant level, market dropped quite sharply and broke out the multi sessions bullish trend. There is strong momentum in this market right now and I am expecting the market to test the 71.96 support level.
Wait for a pullback to around 38% fib level before a fresh sell off starts.
Trade Safe!
Wait for a pullback to around 38% fib level before a fresh sell off starts.
Trade Safe!
Trade closed: target reached
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