Potential Long position on OIL
Updated
Reasoning:
1) Oil has been dropping for the past couple of weeks without any major correction so according to my own analysis I believe it's about to happen
2) Waiting for a retest of KEY STRUCTURE before taking a long position
3) TPs @ 38.2 + 61.8 %
4) Stops below KEY STRUCTURE
1) Oil has been dropping for the past couple of weeks without any major correction so according to my own analysis I believe it's about to happen
2) Waiting for a retest of KEY STRUCTURE before taking a long position
3) TPs @ 38.2 + 61.8 %
4) Stops below KEY STRUCTURE
Trade closed: target reached
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