ForensicForex

USOil Weekly Chart

Long
TVC:USOIL   CFD Petrolio WTI
Hello Traders!

I am still long on USOIL.

Price has been ranging between this weekly swing high and swing low.

This is where we can find our premium and discount range.

If we are bullish look for a buying opportunity within the discount range.

Notice how price gave a buying opportunity at the bullish order block within a discounted range.

Im looking to enter the market on a buy stop entry at the open of down closed candles.

We can also see price broke the previous week high. This makes me anticipate price is drawing higher for next week.

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