Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
USOIL, as we clearly see price trading inside this bearish channel from a long-term perspective
So, for now price rejected our support zone and traded higher
As the price is approaching again a massive resistance zone and the previous major low
we will be searching for new shorts or sell setups like trendline break or any bearish reversal pattern
If the price managed to break above, then a movement higher would be expected to test the falling trendline and the upper resistance zone
If you like this kind of analysis don't forget to like and follow
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
USOIL, as we clearly see price trading inside this bearish channel from a long-term perspective
So, for now price rejected our support zone and traded higher
As the price is approaching again a massive resistance zone and the previous major low
we will be searching for new shorts or sell setups like trendline break or any bearish reversal pattern
If the price managed to break above, then a movement higher would be expected to test the falling trendline and the upper resistance zone
If you like this kind of analysis don't forget to like and follow
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
Comment:
See you there: t.me/Snipers_F_x