Zoen_Trieste

USOIL 1H Potential Limit Buy Setup

Long
Zoen_Trieste Aggiornato   
FX:USOIL   CFD Petrolio greggio (WTI)
USOIL has been going through hard times after being rejected at the gap area mentioned in earlier posts. It has now approached an area of buyers' interest it seems. The $50 mark failing to support the price can be interpreted as a longterm 38.20% pullback continuation sell setup. For now, the 5125 area is of interest, if that goes, the 5050 area.
Commento:
Touched 5122 and demand rushed in
Commento:
A full 360º rotation on Square of 9 achieved. Perhaps another push, but long short risk is increasing at these levels.
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