Oil Took Equal Tops Liquidity, Will Search New One
The oil price supported by voluntary cuts reached the last year's November equal tops.
Throughout all of January, it was either growing or moving sideways on the Daily chart.
I think the first week of March will search an inside liquidity in the form of the recent Fair Value Gap (purple) before it continues upwards.
Throughout all of January, it was either growing or moving sideways on the Daily chart.
I think the first week of March will search an inside liquidity in the form of the recent Fair Value Gap (purple) before it continues upwards.
Trade active
First entry in the direction with predefined close and stop
Trade closed: target reached
Target was reached yesterday on lower timeframes. I didn't hold because the news is expected today and every day forth.Trade active
Another potential entry
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Disclaimer
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.