09.18-09.22 USOIL weekly outlook

Hello traders,

USOIL is on a very strong uptrend on weekly chart now.
Any opportunities to catch a lower price position to open long with reasonable sizes could make a great chance to profit.

Last week we were expecting a correction before new high. That happen on last Thursday.
1409 USOIL slow rise after BIG ABC


This week, we should keep following bullish trend on USOIL with a potential strategy to breakout left high 93.20. Up higher position could be fibo 1.618 95.80.

Good Luck!
LESS IS MORE!

Chart PatternsTrend AnalysisusoilanalysisWave Analysis

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