theselfishtrader

Signs of a bullish breakout?

Long
TVC:UKOIL   CFDs on Brent Crude Oil
Price has tested the range lows and following a poor inventories number made an attempt at the range highs
Momentum has stalled, as seen by the inside bars

The play is a confirmed breakout of the inside bars/the mother bar high

*With tomorrow being the last day before the Easter break, it is possible we see very little follow-through of bullsih price action.