A bullish trend on Daily is existing.
Hence I am watching out for a possible long entry. Well knowing that overall trend of oil is bearish and it is strong in the oversold area (Last break out below 44 levels have been pulled back with a strong demand, is the market building up a bottom?)
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading
Hence I am watching out for a possible long entry. Well knowing that overall trend of oil is bearish and it is strong in the oversold area (Last break out below 44 levels have been pulled back with a strong demand, is the market building up a bottom?)
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading
Let hope the journey will bring us some pips. :-)