Hello traders,
USOIL made a rally up on Tuesday with news from that Saudi Arabia and its "ally" Russia may continue to cut crude oil production.
So, the correction did not happen.
Now to follow the Wkly trend on this 4H char, it is possible for USOIL to make back test of support zone to before starting a new BC wave up.
Check the SUPPORT ZONE for entry signal and long USOIL up to weekly fibo zone.
GOOD LUCK ON THIS PLAN.
LESS IS MORE!
USOIL made a rally up on Tuesday with news from that Saudi Arabia and its "ally" Russia may continue to cut crude oil production.
So, the correction did not happen.
Now to follow the Wkly trend on this 4H char, it is possible for USOIL to make back test of support zone to before starting a new BC wave up.
Check the SUPPORT ZONE for entry signal and long USOIL up to weekly fibo zone.
GOOD LUCK ON THIS PLAN.
LESS IS MORE!
Note
Now usoil ON 4h chart is running on a opposite direction of daily chart. Note
Still no good signal to buy yet.
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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.
Join Free Telegram Group to get all the updates: t.me/FuntraderVera
Related publications
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.