Oil has breakout of the H4 ranging market support. A breakout retest with formation of bearish pin bar is observed. Look for sell setup if the price does not close above this new formed resistant.
Look for short term sell opportunity at around 74.00, stop loss around 75.00, take profit around 71.50.
Look for short term sell opportunity at around 74.00, stop loss around 75.00, take profit around 71.50.