Crude Oil Drops Reversal Signal On Major Support
One of the main benefits of my Battle Station chart scanner app, is that it works with the levels you draw on your chart.
Since I marked out a major support level on the UK Crude Oil chart, the Battle Station was monitoring that level with enhanced criteria to notify me of any signals that form off this important level.
You can see in the image above the alert I got on my smart phone…
A nice bullish rejection candle bouncing off this major support level.
The UK Oil chart has made significant reversals from this level before, so this bullish rejection reversal signal is very encouraging.
Looking to see if a pull back entry is available on this to maximize reward potential.
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