Brent Crude Speed Lines

I'm going for Speed Lines combined with Fibonacci retracement tool. Price is at a level of importance previous support now resistance. Uncertainty is our game so we should anticipate all possible moves the price can take and then trade the move with the highest probability. With what is going on in the world and social media still expecting Oil to go to $100 my bias is bullish. at least for now.

Kommentera:

38.2% retrace level acted as support, price moved higher. Speed lines once again proofed to be great trend lines.
Find your timeframe is key for a trader.