OIL : Trend Following Trade

Güncellendi
Hello Traders,

I'll be ready for a reversal setup on Oil market,
The current structure is not showing more potential buy setup to the upside b/c the previous trend is still in force.

Trade with care,

Best Regards.
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**Possible setup

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Oil price is keep pushing for upside for the short term.
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Strong sell comed on the market after a twitt from Trump " Oil prices getting too high. OPEC, please relax and take it easy. World cannot take a price hike - fragile!"

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The setup is not invalidated,
This wedge will break down.
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Chart PatternsTrend AnalysisWave Analysis

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