Strong Reversal Candles at key level : May move price higher
We have been looking at Oil's wild movements after attack on suaid oil field , and it seems that now price is stabilised and have started again following its major trend as per global supply n demand ..
Looking at technical picture price looks stable above 50 $ , however in order to long we would like to see price moving higher and closing above 55$ price giving us possible long target of 60$ .
Looking at technical picture price looks stable above 50 $ , however in order to long we would like to see price moving higher and closing above 55$ price giving us possible long target of 60$ .