There´s a possibility of a correction in the Crude Oil with a potential target of 55 area, which coincides with 38.2 Fib retracement from last bullish impulse. Above 59 on a daily close scenario would be invalidated
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles
Josep Pocalles
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor