OTM.Investments

💰 Wait For Green To Long Oil. (USO)

OTM.Investments Updated   
AMEX:USO   United States Oil Fund
🤔 Day 5, not including weekend of oils trend change.

Your key Resistance level is the green upward support that we broke. This shows potential for a new trend as the Crossover strategy has been red and the ema dots have also been red.

You will want to confirm a long position when the green align back above the new Resistance. Otherwise let it ride. This is for a longterm swing trade confirmation. Easy as that.

Best of luck, 🎲🎲

🥇MLT | MAJOR LEAGUE TRADER
Comment:
Day 5 including the weekend. Sorry typo
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.