1803 USOIl will make it through support down to 62??
Hello traders,
USOIL has been slowly moving south in last few days.
But seller are still not powerful enough even though USOIL still could not break through average band of BB to rally up.
I personally prefer to see it drop hard through the botto support first and retest the support before approaching 62. And daily chart for usoil SO FAR is still possible for this idea .
But if usoil would like to pull back to a higher B before making a new impulse leg down, it is also acceptable.
Lets see how it goes AND plan.
Good luck!!!
LESS IS MORE!
USOIL has been slowly moving south in last few days.
But seller are still not powerful enough even though USOIL still could not break through average band of BB to rally up.
I personally prefer to see it drop hard through the botto support first and retest the support before approaching 62. And daily chart for usoil SO FAR is still possible for this idea .
But if usoil would like to pull back to a higher B before making a new impulse leg down, it is also acceptable.
Lets see how it goes AND plan.
Good luck!!!
LESS IS MORE!