OIL has reached the 0.786 pull back
This is a common behavior if the previous
down fall is too quick.
Although the rally looks quite but
I will still consider it a retracement of the previous down trend.
Watch the 53.31 Level,
There are Price action from this level.
Thus it is good to short oil and put SL above 55
and Aim for a big Fall
Very Nice! Start Dropping!
Again we identify the direction before the market move!
Congratulations for those who short the oil
First Target Hit! +280 pips
Take some profit and let the rest run
Now is 49.67 ,Did you enjoy the profit?