CRUDE OIL TRADE IDEAhi all
Being that the price of cruel oil failed to reach a new high on the first attempt, the head and shoulders pattern it is forming and the neckline it has broken suggest that this is a second pullback.
My trading strategy is not intended to be a signal service. It's a process of learning about market structure and sharpening my trading skills.
Like, subscribe, and happy trading to everyone!
Stucturetrade
USOIL What to look for ?usoil last week already tested the very important structure lows we can also have previous support in this same level very like in the coming 2 or 3 weeks we may can see a big bullish rally on usoil for me i need to see a double bottom or fib retracement of 618 of recent move or any sign of bullish moves before entering on this trade. we have very nice risk to reward ratio in this trade as you can see in the analysis.