Price has finally made it back to the untested supply zone. I expect some bearish price action when it finally makes contact. Price seems overdue for a real retracement. OVB on the Stoch's, as well.
Trade closed: target reached
:cinema: Did anyone check this US Oil Trade Idea video out? Take the setup?It would have made a huge difference with your trading week.....
I called the point of rejection, at contact with the supply zone, and called the TP, at the highlighted support level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.