PULEMokhothu

💡USOIL 109.50 -2.79 % LONG IDEA * CONT. PTTNS & PRICE ACTION

Long
TVC:USOIL   CFDs on WTI Crude Oil
HELLO EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
LOOKING AT THE USOIL

* The ENERGY is currently trading in an uptrend , just consolidated, broke out and retested the structure .
- Short term the ENERGY is currently at the supply zone could go lower but looking for possible continuation with the bulls.
- Looking for LONG entries on the THE CRUDE this week should all the rules of the formation be met.

******* CRUDE OIL INVENTORIES TOMMOROW, there is a decrease in the oil is actually less than expected @ 4.345 M which implies HIGHER demand and the energy could react BULLISH .

SHOULD WE BREAK BELOW HERE'S A POSSIBLE SCENARIO SCALLED DOWN TO AN HOURLY TF




So lets see how it goes


IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________

* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________

| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE

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.