Oil has recently broken support at 85.00.
Looking for a retest of this are now as Resistance.
The short trade is on chart.
1. Entry - near 85.00
2. Stop - above resistance zone by 1 atr around 88.00
3. Target - the 1.41 fib extension of prior swing
RR = 3+
Looking for a retest of this are now as Resistance.
The short trade is on chart.
1. Entry - near 85.00
2. Stop - above resistance zone by 1 atr around 88.00
3. Target - the 1.41 fib extension of prior swing
RR = 3+