Oil rise setup - A road to the previous resistance 77.200?
Oil is continuing its bull run with a pulse of high volumes. The consolidation area has formed between 64.800 and 63.800.
Since we are on a bullish trend, wait for an upward breakout of the 64.800 level.
Setup :
BUY after a breakout of 64.800.
Stop Loss @62.300
Take Profit @66.200
Since we are on a bullish trend, wait for an upward breakout of the 64.800 level.
Setup :
BUY after a breakout of 64.800.
Stop Loss @62.300
Take Profit @66.200