50 SHADES OF OIL
Updated
Seems like 50 $ are acting like a difficult resistance for oil. I would expect a re-test of 48 $ and maybe a breakout of it's main trend as we already bounced 90% from bottom, crashing to 38$ to start forming a right shoulder.
Note: The H&S is a possibility I considere and would be perfect in TA/FA as OPEP didnt do anything and oil production is still high.
Regards!
Note: The H&S is a possibility I considere and would be perfect in TA/FA as OPEP didnt do anything and oil production is still high.
Regards!
Note
Stop raided and now turning back down. Let's start the partyTrade closed manually
Enought for the week. Regards!Note
Short the pullback to 50.Note
Will we see the BreakOut?Note
Not going bad
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