With Oil heading for $61 shortly, we could see a pullback into the long position shortly. Notice the Regression Channel upwards, should find support at about $61, before moving back upwards.
On the lower charts, we have positive divergence, which could indicate a possible reversal.
Struggling with 108.00, a nice round figure. With a possible reversal into the Eclipse area after a positive divergence confirmation on the 4 hour chart.
Looking to go long in the coming days...
