OIL - Break or Bounce?!

24 พ.ค. 2019

Not much needs to be said about this setup, either wait for a break and retest scenario, or a bounce scenario!

This is where candlestick patterns come in play!

Keep an eye for next week!

1. This profile is for educational purposes ONLY!

2. The setups given are my own perspective of the forex market and by no means require action!

3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!

PipsOfPersia

t.me/pipsofpersia

26 พ.ค. 2019

บันทึก

OIL H8

OIL weekly closed as a bearish engulfing

H8 closed as a bullish engulfing

So I expect a push up either to the previously marked zone, or fib level, for the H8 bullish engulfing to be satisfied

And then push down from either zone to continue the bearish momentum

t.me/pipsofpersia