$OIL up 3.5% intraday but fading the highs. US-Iran noise drove the pop, but the market's numb to these headlines now — same threats, weaker follow-through.
Still eyeing sells into $96 if we tag it. That's my line. If it rips through, $104 is the next short setup and a clean fade zone.
Downside: yellow line is key support. Lose that and the next levels are marked — waiting to see if buyers hold or fold.
No chase. Let price come to the levels.
Still eyeing sells into $96 if we tag it. That's my line. If it rips through, $104 is the next short setup and a clean fade zone.
Downside: yellow line is key support. Lose that and the next levels are marked — waiting to see if buyers hold or fold.
No chase. Let price come to the levels.