Oil breaks out of the structure, wait for a retest of the broken structure in smaller timeframe before you trade it.
It had one more chance for a down movement but it seems like it will not happen.
An uptrend will start for the Oil soon.
It had one more chance for a down movement but it seems like it will not happen.
An uptrend will start for the Oil soon.
Comment:
Breakeven trade, and as it turns back i still see a probability of going down one more wave
