oil trade idea

do oil price going to be pullback and rally? or it going to be tumbling down further, when major countries in recession. Right now oil is sitting down near demand level (i assume there), if candle break it, wait for price retest the level. in other hand, if price touch the level and pullback, we can follow buy on confirmation candle. dont forget make sure SO on 20% or 80% level that reflect overbough and oversold condition.


Happy trade all

better wait crude oil inventory data today.