Long term im bullish on oil, but here we have a clear impulse and now price is making a pullback possible as an ABC zigzag This is a short term setup using new indicators as confirmation. Regards.
*****************DISCLAMER******************************************************************** This is just and idea, not a recommendation to buy or sell. Always do your own analysis before opening a trade. Managing is 60% of a trade, anytime I may decide not to open, close or even stop and reverse a trade depending on price action. Any respectful and constructive ideas are welcome (agree or disagree).