I'm trying this again on an H4 chart with a new sell zone and an updated trendline that seems to have successfully served as resistance.
The fundamentals still likely favor oil, however, I believe it is currently shortable in the 51.70 - 52.60 range with a stop above $53. The target remains $49.80 - $50
The fundamentals still likely favor oil, however, I believe it is currently shortable in the 51.70 - 52.60 range with a stop above $53. The target remains $49.80 - $50
註釋
Right into resistance here. Let's see if it works.註釋
Seems to be working perfectly.
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