The ASX could see higher this morning due to its risk on world view but I think it might pull back today. Oil dip lower on Friday, showing bearish engulfing on the daily and on the weekly it looks like a bear rally as well. Next, we have energy sector on the ASX and that is showing a shooting start follow by a bearish candle coving the past two candles on the daily and on the weekly it is showing a bull and bear shooting star. That leads us to BPT forming a doji at the top follow by a bearish shooting star on the daily. Both daily and weekly are showing uptrends, therefore it might pull back to its previous anchor or the level of $1.98. Looking for an entry of $2.04 and a stop of 10 cents if its 1000 shares or 3 cents if its 3000 shares.