Oil hits value, bulls want to defend this level

2 quick and strong rejection candles on the minute chart. Bulls want to defend those.

Commentaire:

There's some problem with displaying volume profile on hourly chart. Please ignore. The point is, today's move is a big time move. If bulls can't hold today's low, there's a huge amount of stops below.

Commentaire:

Nevertheless, primary trend is down, therefore the main idea is to sell the rips back to the lower end of the white box.