USOIl is stuck in a small range, consolidating below Friday's Value area lows, At the same time we have seen multiple bounce offs the lows over the past week. we will hold 50.50's as the reference for this level.
1. Look to short and trade pullbacks with stops above 50.50 areas.
2. Break out play above 50.50s for targets ( dashed green)
In the time being this continues to be a scalpers market , trading mean reversions for short term play. swing players either holding positions can use the targets , else look to enter in a break outside the range or a strong impulse move.
1. Look to short and trade pullbacks with stops above 50.50 areas.
2. Break out play above 50.50s for targets ( dashed green)
In the time being this continues to be a scalpers market , trading mean reversions for short term play. swing players either holding positions can use the targets , else look to enter in a break outside the range or a strong impulse move.
Nota
overnight , we hit the first target area, bounced off from there to the resistance zones and is looking to turn from there.Overall range continues to be subdued and offering scalping plays.
continuing to hold below 50.50s will expect yday lows to be retested.
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.
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.