USOIL | BACK TO 21YRS OLD AREA WHERE THE BULLISH TREND BEGAN.
Hello guys, Thats a PA Analysis.
As we can see, these days are really very important for markets, especially for Commodities that are retracing on their historical levels.
Contrarily to GOLD that is back to an important Sellers Level (8 YRS AGO),
USOIL is back in a Buyers Area that started for the first time in 1986, touched the second time 1988, and for the last time in 1999 where its Bullish trend began.
Now I'm expecting that price will react inside of this important area.
In the chart I’m indicated the possible targets to looking for.
The manage of this trade is subject to change at any time without notice. In this post, I not recommend buying or selling so please do your own research, and follow your trading plan with a properly Money Management.
Whats your thought about Usoil? Comment below.
Tap a LIKE if you think is a useful idea & follow me if you want to receive notification about new price action analysis.
Thank you for reading.
As we can see, these days are really very important for markets, especially for Commodities that are retracing on their historical levels.
Contrarily to GOLD that is back to an important Sellers Level (8 YRS AGO),
USOIL is back in a Buyers Area that started for the first time in 1986, touched the second time 1988, and for the last time in 1999 where its Bullish trend began.
Now I'm expecting that price will react inside of this important area.
In the chart I’m indicated the possible targets to looking for.
The manage of this trade is subject to change at any time without notice. In this post, I not recommend buying or selling so please do your own research, and follow your trading plan with a properly Money Management.
Whats your thought about Usoil? Comment below.
Tap a LIKE if you think is a useful idea & follow me if you want to receive notification about new price action analysis.
Thank you for reading.
Comment:
Guys maybe we can buy now at 0.01$ ! Never seen something like this, thats #history. Today, a water bottle is x30 times expensive then USOIL!
Comment:
1 Target Reached after opening Gap (thats a joke)! We are always trying to do our best guys, but there are things over any control, for this reason is ABSOLUTELY IMPORTANT use a properly Money Management and a Stop Loss, or your can see your capital burn in this way!
Order cancelled
Comment:
Price react inside the "Original Buyers Level"