Long
USOIL LONG TRADE

Sharp correction wave ended at level 9.90
then bullish movement occurred breaking major downtrendline
Price is based above SMA 100 on H1 frame
MACD shows bullish momentum
It's expected to first target the key level at 20.80
then going down to retest uptrendline
then finally target the resistance level near 27.35
then bullish movement occurred breaking major downtrendline
Price is based above SMA 100 on H1 frame
MACD shows bullish momentum
It's expected to first target the key level at 20.80
then going down to retest uptrendline
then finally target the resistance level near 27.35
Trade closed: target reached
target is achieved with +832 pips in profitDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.