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Possible Decline in OIL price to 72$

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CHoCH in the 4hr timefrme, also a break of structure, indicating a possible decline in oil price to 72$.

Remember: Risk Management very important
Dagangan aktif
OIl Move in play currently with little profit, hopefully it gets to our TP... take note of price difference with brokers, what really matters is the sell zone with your broker.
Goodluck
Nota
when price hit 79.359, move to break even or take partials, if it breaks 79.313, then it should hit the predicted TP
Nota
Move to Break Even or take partials..
Nota
Possible support @78.500 level, but if price breakes below the 77.900 price, then price should hopefully get to TP
Nota
oil price broken the 78.500 support, now heading to the 76.027 support.
If it breaks 75.371 area below, then TP should hit..
Nota
price heading to a sell zone @78.123, for a possible sell continuation.
Nota
i will take profit @ the support zone around 76-75... take note oil zones varies depending on your broker. Check out the support zone on your broker platform, price should be close to it.
Dagangan ditutup: sasaran tercapai

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