Hello traders,
USOIL seems making a big weekly W bottom.
Focusing back to last few weeks price action, Oil seems just making a fibo 382 correction and still standing on the EMAS.
It still looks bullish on this chart.
With the potential uptrend green channel on this chart, it would be very nice for buyers if oil finish correction and turn up again to reach the upper line of the channel.
Otherwise, it goes sideways to break the channel before rising WITHOUT MAKING ANY NEW LOW.
These are simple plans on weekly chart. What makes it hard is your patience for the signals to trade.
GOOD LUCK !!!
LESS IS MORE!
USOIL seems making a big weekly W bottom.
Focusing back to last few weeks price action, Oil seems just making a fibo 382 correction and still standing on the EMAS.
It still looks bullish on this chart.
With the potential uptrend green channel on this chart, it would be very nice for buyers if oil finish correction and turn up again to reach the upper line of the channel.
Otherwise, it goes sideways to break the channel before rising WITHOUT MAKING ANY NEW LOW.
These are simple plans on weekly chart. What makes it hard is your patience for the signals to trade.
GOOD LUCK !!!
LESS IS MORE!
Dagangan ditutup: sasaran tercapai
Weekly resistance zone hit. And wait for more signals for breakout or correction.
10 year 4H swing trader! Join group for free； Contact wechat: ziyuvera; ABC Swing trading strategy Course Consul wechat: ziyuvera
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10 year 4H swing trader! Join group for free； Contact wechat: ziyuvera; ABC Swing trading strategy Course Consul wechat: ziyuvera
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.