Market Analysis: The oil has been in a uptrend for quite a sometime now. I think its time for some good retracements. My view is to hold it until reaches the two buying major . For a long term entries only. For short time frame il post another chart. So lets wait and see what the market does in the coming days. Cheers!
Trade closed: target reached:
Tnks for your suggestions. I didn't trade n waiting for buy entry @50% retracement.