Hello traders,
USOIL seems making a big weekly W bottom.
Focusing back to last few weeks price action, Oil seems just making a fibo 382 correction and still standing on the EMAS.
It still looks bullish on this chart.
With the potential uptrend green channel on this chart, it would be very nice for buyers if oil finish correction and turn up again to reach the upper line of the channel.
Otherwise, it goes sideways to break the channel before rising WITHOUT MAKING ANY NEW LOW.
These are simple plans on weekly chart. What makes it hard is your patience for the signals to trade.
GOOD LUCK !!!
LESS IS MORE!
USOIL seems making a big weekly W bottom.
Focusing back to last few weeks price action, Oil seems just making a fibo 382 correction and still standing on the EMAS.
It still looks bullish on this chart.
With the potential uptrend green channel on this chart, it would be very nice for buyers if oil finish correction and turn up again to reach the upper line of the channel.
Otherwise, it goes sideways to break the channel before rising WITHOUT MAKING ANY NEW LOW.
These are simple plans on weekly chart. What makes it hard is your patience for the signals to trade.
GOOD LUCK !!!
LESS IS MORE!
Trade chiuso: obiettivo raggiunto
Weekly resistance zone hit. And wait for more signals for breakout or correction.
Join Free Telegram Group to get MORE trading skills: t.me/FuntraderVera
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
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Join Free Telegram Group to get MORE trading skills: t.me/FuntraderVera
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.