OIL, can make pullback down to $50 (key buy zone)

I will open Sell if there will be a fake broke of $53.19 and H1 will close under that level

- Price broke down a key level $53.95
- H4 candle close under it.

If OIl will move down to $50, there could be a great entry with a goal $55 or $ 57.

Comment:

the best scenario for OIL

Comment:

$51.10 is a good goal

Comment:

Price near a key level
Wait on confirmation

Trade active

Comment:

Comment:

Price moved 60 pips down.

Close 25% of the position
Move S/L to $53.39

Comment:

Price moved down 110 pips. We can close half of position

Trade closed: target reached:

closed whole position with profit