USOIL 42 .55 + 1.77 % LONG IDEA * CONTINUATION PATTERNS & PRICE
HELLO EVERYONE
A look at the BRENT & WTI CRUDE that has just bench-marked up more than 2% and rose to more than 2-month high just above $45 a barrel on positive fundamentals such as COVID-19 VACCINE AND AN INDUSTRY Report showing that crude inventories fell more than expected now the question is will the USOIL continue with its rally with the bulls, looking forward to that and thats exactly what i'm hoping to see.
we might see a pull back before we see continuation looking at my Fibonacci structure will be looking at support level 41.56 should we see a significant pull back otherwise we'll be locking in pending orders on this one.
As always higher time-frames for direction and whats happening in the overall chart and lower time-frames for entry opportunities.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET THE WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
A look at the BRENT & WTI CRUDE that has just bench-marked up more than 2% and rose to more than 2-month high just above $45 a barrel on positive fundamentals such as COVID-19 VACCINE AND AN INDUSTRY Report showing that crude inventories fell more than expected now the question is will the USOIL continue with its rally with the bulls, looking forward to that and thats exactly what i'm hoping to see.
we might see a pull back before we see continuation looking at my Fibonacci structure will be looking at support level 41.56 should we see a significant pull back otherwise we'll be locking in pending orders on this one.
As always higher time-frames for direction and whats happening in the overall chart and lower time-frames for entry opportunities.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET THE WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.