Oil has pulled back to the 0.5-0.618 retrace level of it last leg down and consequently lines up with the previous key level break of $123..
I will wil be watching this area closely to see how price reacts on the smaller timeframes for either a rejection , consolidation at level or possible break through.
Have a great week of trading !
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
I will wil be watching this area closely to see how price reacts on the smaller timeframes for either a rejection , consolidation at level or possible break through.
Have a great week of trading !
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.