JWSniper

US OIL has bullish sign in Weekly time frame

Long
FX:USOIL   CFDs on Crude Oil (WTI)
We can see a bullish pin bar in the daily time frame and an inverted hammer in the weekly time frame.
Both signs can ensure us, the USOIL can continue the bullish trend.

The 58 areas have been a pivot for support dan resistance in 2019. In the first Q1 of 2020, this zone has become strong support.

We can do a long trade toward 70 areas, in spite of the bullish possibility we must pay attention to current in Iran situation.


This moment also followed with the bullish sign with USDX.

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