Prices have broken the up channel, sure. Closed the weekend we see a pinbar, It is created in demand zone If the price rechecks the bottom of the pin bar and does not break it, then we can buy We still have to wait Maybe we need some more candles to confirm this. However I think this is a zone high price reversal. The main resistance zone is located in the upper inside bar area
Some related issues :
The EUR/USD pair is rising very strongly If you look at two weekend candles, prices could break the resistance If this happens the xxx/JPY pairs will double check the bottom zone again However, looking at candle week, they are in an uptrend Gold will rebound. looking at candle week, it is in a downtrend The problem here is the EUR/USD pair
Have a nice weekend !
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It will still works in the expanding tringle pattern Starting to sell again Target is about 40-42$ /barrel
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Sell after pull back
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