I would like to share my thoughts after yours! So pls let me know your in comments then I will tell you mine.
As you can see, oil broke out of the channel and now Starr trying in now but I think it won't be able immediately from the first try so it should be second or third if any. By the way, gold is interesting to watch for shorts soon.
Believing in yourself is one of the most important aspects in trading! So, because of that confidence I will take a short trade on oil soon within the range I specified on the map and my SL will be 105 or 106. Wish me the 👌 best.
I can really oil bullishness beginning of headed week till we get a clear view Wednesday. But I think middle eat will jot abide to USA concerns and will continue supporting each other and Russia.
As I can see it must return to bearish as per the simple chart. But that will be clear next week when we see the difference made out of Biden visit, either it will be in Europe favor or otherwise!
Simple chart is easier sometimes! Trend is bearish but for now it must revise little bit before continuation.