Possible Buy Opportunity - 4Hr Analysis Oil
After successfully crossing the 50% fib retracement, the scenario I'm more optimistic is a continuation of the bullish impulse to test price @ 56.90-57.30.
Remember an ascending wage suggests continuation on the uptrend. In this case, aiming to enter a long position once price breaks and retest its resistance.
Possible Entry @ 57.20
SL @ 56.00
TP @ 60.40
Use proper risk management.
Remember an ascending wage suggests continuation on the uptrend. In this case, aiming to enter a long position once price breaks and retest its resistance.
Possible Entry @ 57.20
SL @ 56.00
TP @ 60.40
Use proper risk management.
