final time oil

9. Okt. 2020

i think my first two ideas were not upto scratch. i think looking back on 4h chart we can inverted head and shoulders with a pullback to the neckline, what is confusing right now though is the 4h pinbar and overbought accumulation on that particular timeframe. I personally believe the daily chart is still pretty bullish after making higher highs. so i love price action trading this would be a really nice set up. the short on the pinbar could also work so im taking a smaller risk position.