Ultimately bearish, I want to see a retacement to where arrows specify and then a longer term drop.
H4 close above trendline and retest is Stop loss.
Looking for a 61,8% retracement and a retest of previously broken trendline. A break of neckline and this is an easy 1000+ pip opportunity
Potential 61.8% bounce, trendline fakeout. Next week should give more clues as to where Oil is heading longer term. Will update. Different colored arrows show different potential opportunities.
Waiting for a retest of previously broken structure to go long! (Previous resistance now serving as support.)
Waiting for a retest of previous resistance, now support structure before making new highs! Target is 50% retracement.
Look to long or short, on the bottom and top of this channel!
One aggressive, and one conservative potential short opportunities! Never risk more than 2% of equity per trade!