OIL AT CRITICAL JUNCTURE 80.00-81.50

Oil is at my higher price zone of T1=78.30-80.50, 2 option are on the table at this moment

1. price breaks above 80.50 then T2=85.00-87.00 ZONE become the next levels to watch for a reversal.

2. Price consolidates at 80.50 or a double top at 81.50-82.00 then starts consolidation to complete the lower side price target at Price zone= 68.60-65.75 on break of 70.10.

This is my view and not trading advice.

Have a great week trading. Oil is at my higher price zone of T1=78.30-80.50, 2 option are on the table at this moment

1. price breaks above 80.50 then T2=85.00-87.00 ZONE become the next levels to watch for a reversal.

2. Price consolidates at 80.50 or a double top at 81.50-82.00 then starts consolidation to complete the lower side price target at Price zone= 68.60-65.75 on break of 70.10.

This is my view and not trading advice.

Have a great week trading.