**Market Structure** *Market has been making higher highs *Large rejection off of the key support zone of $67 - $66.40 *Intra-day pattern is a 2 bar reversal, daily is a bullish pinbar
**Trading Ideas** *Go long at an upper break of the pattern for a less aggressive entry ($68) or enter long on a pullback for a more aggressive entry($67-$66.80) *IV rank in oil is still very high so either get long by selling puts to collect on both direction and premium, or simply get long via /CL or USO
One of these days you might want to educate yourself on what a true pin bar is. This constant calling of pin bars that in no way resemble a true pin bar is kinda funny. "Serious price rejection" earned the bulls another dollar lower. LMAO.