The sells offs in oil are gaining momentum. A nice, weak retracement back to around 53 would make for a potentially favorable short. Let's see if it can reach that area first....
Komen:
There's probably a reversal gartley pattern in there somewhere for this who trade them :)
Komen:
updated "analysis" with explanations on hourly chart:
Komen:
Part 2:
Komen:
No trade yet. dont take the bait
Komen:
Updated buy zone, in case price would rather be bought first, or for your first TP.
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