On the technical level, oil has reached a support confluence of the smaller and greater parallel channels as well as the major horizontal key level.
Therefore, I am bullish biased, based on the technical analysis.
The retest of the channels resistance is possible so for those who are bullish entering a long now provides the best risk reward.
For us to turn bearish, we need the support confluence to be conclusively broken downwards.
Then we can go short on pullback.
Thank you for watching! Like and Subscribe to never miss a new video!
✅ FREE Telegram channel: t.me/prosignalsfxx
✅ My Website: www.prosignalsfx.eu/
✅For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: www.prosignalsfx.eu/trustedbroker
✅ My Website: www.prosignalsfx.eu/
✅For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: www.prosignalsfx.eu/trustedbroker
