USOIL Monthly Chart

Hello traders!


Here we have been in a trending market long.

This currently monthly candle is going to close bearish or as a down closed candle.

I look at this as an opportunity to go long again.

Look at every time a down closed candle was formed and look at what typically happens the next monthly candle.

You get a dynamic move away from the down close candle.

However, if you study price action closely, price oftens trades below the close of the down closed candle where smart money is faking people in short to go long.


Wealth is in long term trading not short term.

Safe Trading.