Yesterday we had a hammer closing candle. Oil might be gathering bullish momentum depending on today's closing candle. A bullish candle will show us that price is heading back to 61.5 level. Watching today closely! Watch 61.5 level closely, a sell limit over there is a trend continuation trade and will highly work for you. Trade with the tide and not against the tide.
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Disclaimer
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.