I am expecting oil back to 50. If impulse appear on lower time frame then look for buy.
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If not in then watch for strong impulsive breakout and then corrective trend continuation pattern back to broken point of bearish trend line and then look for buy breakout setup here is the update. i hope this gonna help you fellows.
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Oil moving amazingly.
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Hi fellows, we can see price climbing up again and testing the area which i was expecting. In case price break up then i will look for change in structure and pattern. If price violate the previous impulse then i will watch for another impulse before placing trade here is the update.
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