Long Term Drop OIL
📈 CHART ANALYSIS 📉
Few weeks ago, oil poked the price cap level and made a steep drop as a fakeout setup.
As recent completion of impulsive wave, now it's running on correction wave that might
be a steep correction to new price cap confluenced with QM level.
To short entry, we might need to wait for small pullback after this first drop. Targetting
to fresh price cap level.
Trade wisely and much loves! ❤️
Few weeks ago, oil poked the price cap level and made a steep drop as a fakeout setup.
As recent completion of impulsive wave, now it's running on correction wave that might
be a steep correction to new price cap confluenced with QM level.
To short entry, we might need to wait for small pullback after this first drop. Targetting
to fresh price cap level.
Trade wisely and much loves! ❤️
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