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BCOUSD D1 | Falling to pullback support

BCOUSD D1 | Falling to pullback support

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TitleBCOUSD D1 | Falling to pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 71.655 which is a pullback support and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 77.899 which is a pullback resistance level.Alternative scenario:If price breaks below the pivot point, it could hit the 1st support at 65.201 which is a swing-low support level.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.
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