Looks like Oil made a false break and now momentum is down.
This down swing momentum could easly lead to 300 pips move first target, Therefore i will try to sell inside the day .
Best of luck :-)
This down swing momentum could easly lead to 300 pips move first target, Therefore i will try to sell inside the day .
Best of luck :-)
Note
Oil prices popped up in a situation we cannot predict.But we also didnt have entry and the price didnt behave as we expected before any sell trigger.
Obviously I'm not taking any short right now...
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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.