Not a lot to mention to this post. Crude oil is in a corrective structure with price testing a support level (watch image below) At that level price has formed a bullish ab=cd pattern which will probably push price higher.
I am planning entering this market with two long positions. Stoploss and profit targets as shown at the chart. If price reaches the first target i will move stoploss to breakeven for the second one.
Support Zone:
Like and comment,
John.
I am planning entering this market with two long positions. Stoploss and profit targets as shown at the chart. If price reaches the first target i will move stoploss to breakeven for the second one.
Support Zone:
Like and comment,
John.
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