OIL
Price is currently testing my 0.618 fib level which has been placed on the daily chart.
If price manages to break this level (which i think it would), I anticipate a rejection of my weekly pivot which would provide a second entry should price go back down to 48.47.
Fundamentally my bias on this pair is bullish all the way.
If price manages to break this level (which i think it would), I anticipate a rejection of my weekly pivot which would provide a second entry should price go back down to 48.47.
Fundamentally my bias on this pair is bullish all the way.
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