WTI CRUDEL OIL - WAIT FOR BREAKOUT
Hello Traders ,
Oil is currently trading in Range and since price is in Downtrend in Daily but corrective Uptrend in 4HR chart , we suggest waiting for Trend to confirm itself in either directlion by breaking above any of our trendlines , once breakout and retest is confirmed we can enter LONG OR SHORT , till then we advise to let price action chart its course :
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Oil is currently trading in Range and since price is in Downtrend in Daily but corrective Uptrend in 4HR chart , we suggest waiting for Trend to confirm itself in either directlion by breaking above any of our trendlines , once breakout and retest is confirmed we can enter LONG OR SHORT , till then we advise to let price action chart its course :
Please follow us for latest ideas and updates.
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