Short term trade for 1:1 R/R. Daily chart shows signs of deceleration within 0.72500 - 0.7300 support/resistance zone. On 4H chart pairs has created high test candle rejecting 0.7300 resistance area. Zooming in to 1H chart we can see that it also created small H&S pattern. Based on it I've set up an short entry on Pivot Point retest from the downside....
Short term USOIL long trade based on intraday chart development & daily conflunce. Looking at daily chart we can see that price has decelerated around 47.50 which has acted as horizontal support & resistance level couple times in the past. Zooming in to intraday chart (1H) we can clearly see that price fails to make lower lows making triple bottom pattern on...