USOIL is undergoing a correction for this two weeks. It retests the previous consolidation area twice but both are supported. Now the bullish flag is confirmed.
I am looking forward it goes higher. Buy the pull back is a good way to trade usoil this year.
Good luck for everyone! Trade with care!
I am looking forward it goes higher. Buy the pull back is a good way to trade usoil this year.
Good luck for everyone! Trade with care!
Comment:
usoil dropped in asian and european session and pops up at US session. It is a strong signal that large institute is buying the dip. The same information the CFTC COT reports tell us. USOIL is near the end of the pull back. Buy the dip!
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Buy again!!!
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