BULLISH IDEA ON UK OIL

٢٢ أكتوبر

Market structure has shifted to an uptrend. The supply zone at $75.00 was invalidated shifting market sentiment from a downtrend to an uptrend making it a mitigation zone a newly formed Bullish breaker block 1h, Price broke and closed above 75.In the lower timeframe there's a [POI]point of interest demand at 75.036 which is close to the 1bullish breaker block. Anticipating a retracement and continuation of buys from 75.036 to 77.327 as my profit target