Oil Is Looking For A Breakout

Oil is still bullish. If the market breaks 82.85, we should see a breakout.

All time frames are bullish. If the market makes a close above 82.85 we should see a breakout. There are two important points in the chart. Point 1 is the trend line break and the second is Point 2 which shows a possible breakout. Bullish breakout above the price zone should be targeting 84.33. Watch for it.

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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...

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