Move upwards from 64.2 seems weak. Missing the momentum crude moves with when the market is certain . Right now the 240min chart SWING upward movement, looks like a pullback in a strong downward trend formation. Nothing certain in trading though. Am long with tight stops to achieve break even in case of a slip downwards (BULLTRAP).
Commentaire:
Ok, we passed 70, touched 71 now will price be able to retest 72.