The most controversial natural gas
USOIL
has been on a path of confusion for me, and I'll explain below.
Firstly, under technical knowledge, USOIL is in a scenario of compression!!! as it is trending shy outside of its major ascending trend line and a break of the descending major trendline!
These guys alone are big problems and have enormous power to alter and violate any analysis of ours whatsoever. So, from a technical stand point? I'll do nothing until we've either broken above or below the immediate and current key level and below or above any of these trendlines!!
Price has enough rooms to either directions so trust me, the wait is beneficial and not a waste!
Lastly, The influence of the current world balance uncertainty and situations (middle east tensions) This is a natural gas so believe me! fundamentals would have a hand in any desired direction. Failure to identify a direction would cost you more than a dollar.
TRADE CAREFULLY AND CLICK WITH REASONS!
FOREX CRUISERS!
USOIL
has been on a path of confusion for me, and I'll explain below. Firstly, under technical knowledge, USOIL is in a scenario of compression!!! as it is trending shy outside of its major ascending trend line and a break of the descending major trendline!
These guys alone are big problems and have enormous power to alter and violate any analysis of ours whatsoever. So, from a technical stand point? I'll do nothing until we've either broken above or below the immediate and current key level and below or above any of these trendlines!!
Price has enough rooms to either directions so trust me, the wait is beneficial and not a waste!
Lastly, The influence of the current world balance uncertainty and situations (middle east tensions) This is a natural gas so believe me! fundamentals would have a hand in any desired direction. Failure to identify a direction would cost you more than a dollar.
TRADE CAREFULLY AND CLICK WITH REASONS!
FOREX CRUISERS!