reasonable trading plan for swing trade.
bullish triangle is found in daily and weekly TF, many support spotted at the range from 50-53, and keep trying to break recent new high in the latest candles charts.
Note: The price has been traded from the lowest (within 5 years TF) at 26 since 2016 to the highest at 73 at year 2018. and it did not appear lower lows ever since 2016, but keep on going for a higher highs in the following TF.
Market is not accepting it to go lower thus push it up and support it at 50 and above.
Tons of bad news that limited the oil price from going up, however, the market seems like trying to digest from time to time. what if it has already digested enough?
time to think.
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