OIL BUY POSITION
CRUDE OIL: as you can see it broke out from a trendline and came back to grab some liquidity. this is why it's good to have patience in the market.
we can also spot a double bottom which signifies an up trend.
TIPS
1: always wait for a for a retest when a trendline is broken
2: always map out zones in every trendline breakout as I did so.
3: also it is advisable to do top down approach before entering any trade
we can also spot a double bottom which signifies an up trend.
TIPS
1: always wait for a for a retest when a trendline is broken
2: always map out zones in every trendline breakout as I did so.
3: also it is advisable to do top down approach before entering any trade
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