USOIL is on the month keep supporting area

30 mar 2020

$20 could be the turn around for US as we could see a bounce back up to $40 from this region.

Price is wicking down to the $20 dollar region and instantly rebounding.

Possibly opec to cut production. Back to $40

30 mar 2020

Nota

entered at 19.83 as my broker uses a different chart. It is the same as the $20. Seen a good rejection

2 apr 2020

Nota

Stops well in profit with 1/4 of my position taken off. Watching the $28 region as it is the first obvious resistance.This surge is on news of Saudi Arabia and Russia cutting barrels by approx 10 million barrels.

4 apr 2020

Nota

Broke straight through $28.00 Region Looking for a break and retest. My next key region I will be paying attention to is the $33.00 this is where my 200 ema is at as well. Happy weekend!

4 apr 2020

Nota

What really triggered this bull run was the Donald's tweets. Leaving it over the weekend. Trump's tweets were reckless IMO and prices could reverse but technicals look strong to reach $40.00 next week. I will be monitoring on Sunday and making sure I take some more of my position off.

7 apr 2020

Nota

Price has stalled at the $28.00 Region. I see this as a consolidation to go higher. Expect some sort of wicks down in the $26.00 region for price shake out the longs with tight stops. I expect $30.5 region next key resistance.

8 apr 2020

Nota

OPEC news suggesting 10 million barrel reduction. Price went close to my stops but missed. Waiting for daily closure.

9 apr 2020

Nota

OPEC meeting today. I have ensured My stops are in profit