USO long, possible setup
RSI+ROC have not been this low since early 2015/late 2014
Forming reversal candles on the weekly chart
SRSI and RSI+ROC are starting to curl up
Horizontals marked are the S/R levels to watch for possible rejections and bounces
Prices of each level are on the right side of the chart
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Possible trade for USO
Buy $11.11
Stop loss $10.46
Ultimate target $16.26
Forming reversal candles on the weekly chart
SRSI and RSI+ROC are starting to curl up
Horizontals marked are the S/R levels to watch for possible rejections and bounces
Prices of each level are on the right side of the chart
----------------------------------------------------------------------
Possible trade for USO
Buy $11.11
Stop loss $10.46
Ultimate target $16.26
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