Hi There,
Today we have oil on 4h timeframe, as you can see on the chart above, first we had an upward move then followed by a correction "Running flat", after the correction finished, now we're going for the next upward move. the targets gonna be: 80.385| 81.406 and the last will be at 82.963.
The stop loss level gonna be below the support area, at 75.689.
If the price correct or retrace to 77.139, that's gonna be a great entry.
Today we have oil on 4h timeframe, as you can see on the chart above, first we had an upward move then followed by a correction "Running flat", after the correction finished, now we're going for the next upward move. the targets gonna be: 80.385| 81.406 and the last will be at 82.963.
The stop loss level gonna be below the support area, at 75.689.
If the price correct or retrace to 77.139, that's gonna be a great entry.
Trade active
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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.
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.