Hello Traders!
Welcome to a new trading month.
We have been presented with a down closed candle within a uptrend on the Higher Time Frame.
If this trend must keep going smart money needs increase sentiment to the downside.
Retail traders will need to be lured into the wrong side.
While smart money builds their positions in their favor.
Study: When the higher time frame like daily weekly or monthly was trending what happens when an opposing candle formed?
Aiming for the Swing High which rounded is $130 a barrel.
The point of getting out is at the most recent Swing Low which is $90 a barrel.
Go long or short if you dare.
You can even watch from the sidelines
Safe Trading
Welcome to a new trading month.
We have been presented with a down closed candle within a uptrend on the Higher Time Frame.
If this trend must keep going smart money needs increase sentiment to the downside.
Retail traders will need to be lured into the wrong side.
While smart money builds their positions in their favor.
Study: When the higher time frame like daily weekly or monthly was trending what happens when an opposing candle formed?
Aiming for the Swing High which rounded is $130 a barrel.
The point of getting out is at the most recent Swing Low which is $90 a barrel.
Go long or short if you dare.
You can even watch from the sidelines
Safe Trading
