Rovart

OIL | RAID STRUCTURE [UPDATE]

FX:USOIL   CFDs on Crude Oil (WTI)
So finally as expected in the first chart I've made about this structure oil             went down on it's last stop to raid before make a higher high. Seems like it found a double top , this wont last for ever USOIL             will raid that stop for sure.

There are few possible cases:

1st: Keep bouncing from current trend channel and raid this "double top" and maybe further
2nd: Break this vertical trend channel and find a bottom at an old stop zone raided and raid this "double top".
3rd: New low. (Low odds)

Regards and happy trading!
Trade active: Perfect bounce from stop pool.
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