Oil has been obliterated recently and while fundamental questions remain, price & momentum seem to be diverging on major timeframes (weekly + daily). Looking for a long setup on lower (1H) timeframe with a target of a more major daily level
Looking for price to probe these lows for liquidity. Probe + close above would display some potential trapped traders. Ideally long wicked deep hammer.
Looking for bullish price action around this consolidation block that led to major breakout for another retest of that major range that just broke down.
