1012 USOIL expecting RSI DIV later to support buying plan
Hello traders,
USOIL did not make our buying plan a successful one yesterday. It turned down after making ABC (blue) sideways price action after being rejected from Resistance 1.
The new ABC (red) is where we are waiting for a buying signal to buy today.
Fundamentally, usoil should not on a bearish trend. So we are waiting for signal with RSI div AND price stands above EMAS again to open buying position again. BTW, right now it is not a good position to sell IMO.
Good luck on this plan.
LESS IS MORE!
USOIL did not make our buying plan a successful one yesterday. It turned down after making ABC (blue) sideways price action after being rejected from Resistance 1.
The new ABC (red) is where we are waiting for a buying signal to buy today.
Fundamentally, usoil should not on a bearish trend. So we are waiting for signal with RSI div AND price stands above EMAS again to open buying position again. BTW, right now it is not a good position to sell IMO.
Good luck on this plan.
LESS IS MORE!
Trade closed: target reached
