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