5min break of structure.
Momentum is still strong to the downside. I am expecting Oil to continue lower now, but short term move up for a 10R trade looks good.
Momentum is still strong to the downside. I am expecting Oil to continue lower now, but short term move up for a 10R trade looks good.
Note
Trade is now invalid for that specific entry. More scalps could be possible on the way up but the highest probability one is over now.
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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.