A good buy opportunity to 53 for oil traders.
Comment:
Hourly chart. Bullish trend after clear RSI divergence.
Comment:
Price retraced under thin line. Watch for breakout of the indicated level
Comment:
Potential alternative view if price rebound on green colored level
Comment:
Alternative view confirmed.
TP level @48.5
TP level @48.5
Comment:
Oil still moving inside this bullish green channel. I'm waiting a retracement around 52 before taking short position
Order cancelled:
Pattern invalidated. Changed my view :)