Fundamentally Oil is still bullish with no significant lower high been made yet, there could still be room for more upside. Looking to take a long off of the trendline, coupled with the confluence of the H12 50MA retest and the 38% Fibonacci from the last major impulse for some decent upside potential.
Trade Safe, FalkenFx.
Trade Safe, FalkenFx.
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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.