OIL Trading Plan

Pattern: Channel Up on 4H.

Signal: (A) Bullish as long as the (red) Inner Higher Low trend-line holds. (B) Bearish if th Channel Down breaks downwards.

Target: (A) 35.00 and 37.00 respectively (near the two Resistance levels). (B) 26.00 (just above the Symmetrical Support).


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Recent Oil trade: