Oil scenarios - Long and Short
Updated
Moving in side the triangle pattern.
If price will break and retest the lower line - around $60.70= Short (Major support at $60.25)
If price will cross and retest the upper line - around $62.70 = Long (Major resistance at $63)
Always make sure you take at least 1.5R on your risk.
Feel free to leave comments and suggestions below!
If price will break and retest the lower line - around $60.70= Short (Major support at $60.25)
If price will cross and retest the upper line - around $62.70 = Long (Major resistance at $63)
Always make sure you take at least 1.5R on your risk.
Feel free to leave comments and suggestions below!
Note
Getting closer... wait for the retest
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