Someone brought this to my attention in oil chat and decided to have a look myself and you really do get to see so many tradeable scalping opportunities.
Never bothered to look at oil this way before, but this is very insightful to me, thought I ought to share.
If you are a pattern trader, then you really ought to start analyzing market this way in my...
Market may be near reversing trend in my opinion.
Will keep an eye for when reversal has been confirmed & in action.
May take some time, so patience is key here as we may still see more upside beforehand.
Hence this is one market to watch closely for near future sell opportunity.
For observational purposes only, trade at your own risk.
Better view ...