OILUSD waiting for confirmation on high probability setup

Scenario #1
Price is now trying to test the major key level resistance.
Wait for daily candle close.
if break the level, look for a next retest/pullback,
where resistance have possibility become support.
and wait for continuation pattern before open position.

Scenario #2
If bounce back down, resistance is still intact,
looking for short possibility.

Trade attivo:

scenario #2 is ON

Commento:

++pips now.. lets see where it go

Commento:

Crude Oil Inventories
+4.9M

lets roll

Commento:

waiting for tonight crude oil inventories data release..

Commento:

Crude oil inventories
-7.9M

the theory..is price move up

Commento:

yup...

Commento:

resistance still hold!

Commento:

free fall??
by the way, +++pips

Trade chiuso: obiettivo raggiunto:

after 25 days..
but huge pips..

thanks oil