Oil is having a nice channel pattern which conforms with my bearish thoughts with ENTRY at 58.96 TP at 55.80 SL can be placed at 59.56 who's with me on this?
Comment:
I take out my profits in parts considering strategic areas of support and resistance. With that in my I will be pulling out my first set of profits at 56.55 and allowing price to retrace to the 57.00-57.50 area before i resume my sell position.
Comment:
Target hit