just weekly continuation of poor fundamentals, still surprised oil didn't close lower. i think 71.71 is the top for now. basically stop over 72
Comment:
re entry may be a bit higher
re entry may be a bit higher
Comment:
kind of looking at a retest of that EIA top 71.57 this week if oil is to develop into this channel. kind of looks like mid channel resistance
kind of looking at a retest of that EIA top 71.57 this week if oil is to develop into this channel. kind of looks like mid channel resistance
bear flag and what looks like a mini h+S with an implied target of the first 68.57 target i've indicated in the main idea. 71.28 decent entry for daily scalpers.