Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
CRUDE OIL ZOOMED OUT PICTURE
As we clearly see price is still overall clearly bearish trading inside this channel.
Moreover, price recently rejected our support zone. as we mentioned in the previous analysis attached on the chart.
For now as the price will be approaching our lower support zone, we will be looking for new longs as we did before,
Unless price managed to trade more higher till the upper resistance zone, where we will be looking for new bearish reversal pattern.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
CRUDE OIL ZOOMED OUT PICTURE
As we clearly see price is still overall clearly bearish trading inside this channel.
Moreover, price recently rejected our support zone. as we mentioned in the previous analysis attached on the chart.
For now as the price will be approaching our lower support zone, we will be looking for new longs as we did before,
Unless price managed to trade more higher till the upper resistance zone, where we will be looking for new bearish reversal pattern.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!