Hi traders, I hope you all had a wonderful weekend.
Oil looks good for a buy. Price action is currently under a sideways resistance and looks strong for a breakout move.
I am expecting a breakout soon, it could breakout immediately now, or, it could bounce off resistance and test the swing low one more time before the breakout move occurs. When price breaks structure, wait for a corrective structure before going for any buys.
Best regards, Tom_Killick
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Massive up move since I posted this idea. Well done to anyone who managed to get this move. I am expecting the nice up move to continue.
It's very easy to make profits like this if you are trading beside a professional trader. My private signals group are catching moves like this all the time!