What you need to know about oil's current price action explained right here.
Also check out linked idea on oil market below, an even earlier and broader analysis.
DISCLAIMER; Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire. IF YOU SUPPORT IDEAS, LIKE, FOLLOW, SHARE ~ THANKS! ~