Good day everyone
Here's a look at the USOIL which closed within the ascending structure, looking to see if the structure will hold in this coming week so will be looking for continuation signals to the upside.
On the monthly we are currently trading at 61.8% Fibonacci retracement level with a strong bullish momentum the sentiment is still the same on the weekly whereby we have a pennant formation which could signal continuation to the upside and on the daily chart the ascending channel holds looking for continuation to the upside.... lets see how it goes
Good luck and happy trading everyone
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Here's a look at the USOIL which closed within the ascending structure, looking to see if the structure will hold in this coming week so will be looking for continuation signals to the upside.
On the monthly we are currently trading at 61.8% Fibonacci retracement level with a strong bullish momentum the sentiment is still the same on the weekly whereby we have a pennant formation which could signal continuation to the upside and on the daily chart the ascending channel holds looking for continuation to the upside.... lets see how it goes
Good luck and happy trading everyone
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Trade active
Still waiting on the USOIL signalling that the bears might take control let's see how it goesTrade active
Still looking for longs on the pairRelated publications
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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.