POTENTIAL LONG OPPORTUNITY ON OIL

٣ مارس ٢٠٢٣

Potential long opportunity on OIL. A recent level of structure has been broken followed by a consolidation pattern which on lower timeframes resembles a flag, on higher timeframes such as 6H and 8H this presents as inside bar stall patterns. This could potentially be indecision before bullish continuation. I have a limit order set at the red area looking for 2.5 times risk.