Fundamentally oil is risky to sell at this moment. however, oil is getting close to weekly sell-side liquidity and also touching a daily bearish order block. I will wait for a candle rejecting the zone with a wick in order to enter the sell order and also have a careful eye on the new coming up in the next few days, and if the price breaks above the 93.5 $ mark I will wait for a fair value gap to ride the trend upward.
Note
and things worked out well
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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.