OIL - Premarket Analysis Apr 16, 2024 3pm PSTPart 2

OIL - Premarket Analysis Apr 16, 2024 3pm PST Part 2

This analysis was done around 4/16/2024 around 3pm PST after the market was closed.

I saw a pattern forming which was from the Simple Trading Book. I was not sure if patterns in Simple Trading Book were legit. That is why I did not publish my analysis.

But after a few hours later into Asian and London market session. Dang. Looks like the pattern recognition is legit.

Trade closed: target reached:

On paper, my sell entry was 85.19 and my TP was 84.98.

So yeah. looks like this Simple Trading Book worked.