Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
US-OIL QUICK UPDATE. 📚
👉As we can see US-OIL broke above our major swing high, where we can expect a bullish movement and a shift in momentum from bearish to bullish.
👉Moreover, price managed to be trading again lower, which is considered as a correction movement, to be approaching our massive demand zone and 0.786 Fibonacci retracement.
Where we will be looking for new longs around such zone on lower time frame. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!