UKOIL LONGSame thing as always. I am looking for a pullback all the way to 82.56 - 82.39 zone and looking for price to get absorbed there.
more than usual volume traded in oil yesterday which is repeat of similar pattern observed in Jan this year before first run up in oil.
for me to get an entry I am looking for almost 1% drop so let's see if I get it.
Uoil
WTI Crude Oil 4H (Pivot Price: 84.28)USOIL
stabilizing above 84.28 ill support rising to touch 85.20 then 86.19 then 87.18
stabilizing under 84.28 will support falling to touch 83.10 the 82.08
Pivot Price: 84.28
Resistance prices: 85.20 & 86.19 & 87.18
Support prices: 83.10 & 82.08 & 81.15
timeframe: 4H