ukoil 8hours sell side 15% swing trade setup

🔸Today let's review the 8 hour chart for brent oil . Noteworthy bounce in progress
after accumulation near lows, however currently getting overbought.

🔸OPEC production cuts finally kicked it, therefore we got a decent pump in the oil
market. Strong resistances overhead near 87.20 and 89.20, expecting bull trap setup
after we break above the stop loss clusters.

🔸Recommended strategy for BEARS: look out for bull trap setup near 90.60 and get
ready to short sell from overhead. limited upside beyond 90.60 usd, bears will target
re-test of mirror s/r level at 77.80 and 75.20 usd. this is a 15% swing trade setup
on sell side, good luck traders!

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Comment:

xauusd 4hours best level to short/hold TP 1940 usd

Comment:

gold trade setup just hit TP, congrats if you followed