DislikedInteresting trade setup on oil—let's see how it plays out. Price is moving upward, but the momentum on the MACD is clearly decreasing, which is creating a bearish divergence. Essentially, this suggests that bullish strength is fading. Also, price has just tapped the previous day's high, which could act as resistance. Let’s see how it unfolds; at the end of the day, the market does what it wants. {image}Ignored
There is no holy grail in trading – only discipline, consistency and edge.
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