USOIL to touch 59.50 and UKoil follow the same long trend


Why this is considered for Long
LongBuyLongSellIndicator
:

1. As per the volume the higher volumes are seen in the chart.Volumes are growing

2. As per the LongBuyLongSellIndicator ,Strength-meters(1 2 3 P D ,Up/dn, PSAR,MA Green Red Line, Red STAR, yellow Star,Green Early Entry stars) minimum of numbers of strength-meters lined up in a row /within two candles that is added advantage for the entry.

3.BackGround color informs it is good to enter at this price.

4. As per the LongBuyLongSellIndicator ,The candle color transition change indicator this is the time to go for entry.

What is the target : close the target @1.5% of 50% number rest in higher numbers.
what will be the stop loss: The stop loss shall be high of previous candle for short /low for the long entry.
UKOILUSOIL
brentcrudebrentoilGannHarmonic PatternsCrude Oil WTIWave Analysis

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