FUNTRADER-Vera

0601 2/8 USOIL first target is 50, then 55 or higher position

Long
FX:USOIL   CFDs on Crude Oil (WTI)
USOIL has made a doji and a bullish morning star on weekly chart, meaning we are bull on WTI in the next few weeks.

We have a signal sent last week with tp1 48.20 hit already, waiting for tp2, tp3 hit.
Now this idea is plan for a new entry or a new position to long usoil.

USOIL could probably hit 50 first before making any strong correction for new position for buyers.
And ABC wave could send it up to 55-56 position.

Less is more!
Comment:

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