Oil Update
After securing 350 pips profit yesterday I am reassessing the market to see if theres some potential to jump back on the trade.
We are seeing some confluences aligning again with a double top at the 61.8% Fib retracement of yesterday's move, a broken trendline and if we can then add a broken support level on top of that it will be offering a high probability move again.
Let us know your thoughts in the comments below.
We are seeing some confluences aligning again with a double top at the 61.8% Fib retracement of yesterday's move, a broken trendline and if we can then add a broken support level on top of that it will be offering a high probability move again.
Let us know your thoughts in the comments below.
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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.