buy oil from last swing low and aim for a higher high
מעודכן
we know that oil has taken support at weekly support level and going up. it can be a correction of donward trend.
right know we are making higher high and higher lows on one hour. as oil going for a higher low on one hour i will be looking for bullish price action at last swing high which will act as support know. and aim for the green line for a higher high
right know we are making higher high and higher lows on one hour. as oil going for a higher low on one hour i will be looking for bullish price action at last swing high which will act as support know. and aim for the green line for a higher high
הערה
i am bullish upto 0.618 lvl of downtrend on daily or we tag the 200 ema on daily. then i will see that what is price action telling us at that lvl. as market never go in straight line there will be retracements on lower time frames which will provide us trading oppurtunties.
הערה
i am waiting en entry from yellow zone, but right know it is takink support from previous ressitance . so if we get bullish price action i will buy from her.
will update the idea
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