Considering the positive trend on the 1-hour and 2-hour timeframes, and the need for energy to continue the upward movement, along with the fact that the M15 trend was negative, given the pullback in this area, we expect a decline towards the 1-hour low.
Please make sure to maintain a 2% risk of your account balance and do not risk more than that. Always take responsibility for your trades.
Please make sure to maintain a 2% risk of your account balance and do not risk more than that. Always take responsibility for your trades.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.