Continuation or Reversal?
Price makes a third top and rejected nicely
Although we have a rising channel breakout
Current pattern is almost similar with previous continuation pattern in the channel
If 30m candle closes below with momentum then we an sell Oil and aim for coming first ascending trendline
Stop is above tops
Although we have a rising channel breakout
Current pattern is almost similar with previous continuation pattern in the channel
If 30m candle closes below with momentum then we an sell Oil and aim for coming first ascending trendline
Stop is above tops
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