Oil is basically in a sideways price action following a predictable range. Overall, there isn't much momentum. However, considering the current sideways move, and taking into consideration key demand levels, it seems it has a high probability of a move to the upside to next supply zone.
I give this setup an 80% chance (A setup). My buy limit has already been triggered, with TP1 and TP2 levels I indicated on chart.
Let's see how it goes.
I give this setup an 80% chance (A setup). My buy limit has already been triggered, with TP1 and TP2 levels I indicated on chart.
Let's see how it goes.
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