Gasoline, is more likely to bottom soon. GASOLINE / 1D
Hello Traders, welcome back to another market breakdown.
GASOLINE appears to be attempting to establish another low. A breakout above critical resistance levels could indicate a potential continuation of the upward trend. However, the price is currently consolidating within a range. Therefore, rather than entering at the current levels, it is advisable to wait for a breakout followed by a pullback into the breakout zone for a more calculated and strategic entry.
Maintain discipline, allow the market to align with your strategy, and approach trades with confidence.
Trade safely,
Trader Leo.