OIL TRADING PLAN| KEY LEVELS|ALL YOU NEED TO KNOW|

9 בנוב׳ 2020

OIL is trading in a falling channel/wedge and is approaching a confluence of resistance level.
Having missed all the long opportunities I am looking at a short trade and I am waiting for the market to present me with the reversal pattern.
IF this confluence fails, My next short target area is the 43-44$ massive daily resistance level.
The market will almost certainly respect it and give us a nice pullback trade.

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See you all then!