OIL is in a Major point which will decide the trend for the next month
the Direction will be revealed for us Next Thursday. So meanwhile
i will shit and watch. here is the scenario:
1. breaking the Major Resistance at number 1 (50.74) is a very bullish sign
and we will go up to Resistance 2 area (58), choppy place.
2. Breaking Down the Bullish wedge first target will be Support A (43.45) next target support B (37.45)
the Direction will be revealed for us Next Thursday. So meanwhile
i will shit and watch. here is the scenario:
1. breaking the Major Resistance at number 1 (50.74) is a very bullish sign
and we will go up to Resistance 2 area (58), choppy place.
2. Breaking Down the Bullish wedge first target will be Support A (43.45) next target support B (37.45)
Comment:
SIT***
Comment:
oil on the trend line , watch if it breaks and to enter watch price action
Comment:
We had False Break yesterday and Trade still not Active
Comment:
we have a Break down , check the closing of the day and enter after confirmation from price action . GL
Trade active:
FIRST TP 44 AREA
