1. Bigger TL bounce. & Fib 78.6% Retrace confirm.
2. Short entry will be around $48.00-$48.60 with SL below fib 78.6 or last week high around $49.40
3. Overall my bias is still SHORT for oil.
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2. Short entry will be around $48.00-$48.60 with SL below fib 78.6 or last week high around $49.40
3. Overall my bias is still SHORT for oil.
Kindly follow our Instagram page, the content is daily inspiring words for TRADERS
tradersmind
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Have a great trade & Have a nice day. :D
Note
Blue Zone is either "Sell or Buy Zone" Break above indicates continuing the up-trend. And the bounce ones will lead oil to our main plan 48.20 -> 45.55 -> 44.30
Have a great trade & Have a nice day :D
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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.