Traders,
We must have missed something that made us blind to short USOIL last wk.
And that fade DOJI on wkly chart is main cause.
Still thank god, we had stop loos to stop that wrong trade.
On wkly chart, there a red ascending trendline supporting usoil to go to high position.
And on daily chart, should try to long it again once it pullback to rehit the blue box.
We must have missed something that made us blind to short USOIL last wk.
And that fade DOJI on wkly chart is main cause.
Still thank god, we had stop loos to stop that wrong trade.
On wkly chart, there a red ascending trendline supporting usoil to go to high position.
And on daily chart, should try to long it again once it pullback to rehit the blue box.
Comment:
Trump is a big helper .
Comment:
Last week, USOIL hit 71.80 as the highest position.
And a corrective wave is coming as you can see that on 4h chart.
And a corrective wave is coming as you can see that on 4h chart.
Comment:
Trade closed: target reached:
C hit.
Comment:
Then start dropping from C.
