USOIL Potential Limit Buy Area

By Zoen_Trieste
Updated
It looks like oil wants to test the lows again. Goods odds for limit buy entries around the 0.875 retracement @ 5525. For now standing pat.
Trade closed: target reached
≈1R target from the 0.875 retracement area
Comment
USOIL 1H snapshot Two gaps that will serve as a tell for market direction
Double Top or BottomGannOiloilforecastoilpriceoiltradingoilwtiSupply and DemandCrude Oil WTI

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