POTENTIAL SELL BEFORE LONG TERM BUYS
US/OIL 4H - As you can see above we have the US/OIL market, I believe this market is currently within a corrective phase trailing us into a higher TF demand zone.
I have gone ahead and highlighted this for you all as a potential area we can look to buy into from longer term (66.03-68.116). Along with that I have also addressed where I would place my TP Target for the buy position (93.71).
With our Buy zone still a fair distance from where price is currently at, we can look to sell into this market before we look to buy, again I have highlighted a potential sell zone for us (80.69-82.04).
I have gone ahead and highlighted this for you all as a potential area we can look to buy into from longer term (66.03-68.116). Along with that I have also addressed where I would place my TP Target for the buy position (93.71).
With our Buy zone still a fair distance from where price is currently at, we can look to sell into this market before we look to buy, again I have highlighted a potential sell zone for us (80.69-82.04).