2706 USOIL buying pressure strongly targeting 70-74
Final 2 trading days for June. Should check on some major pairs that we keep following on monthly chart .
USOIL is on a slow uptrend now. It made a strong down on May to retest the red support zone and rise slowly in June.
It could break through the high of May and test higher high in July.
That is our expectation on monthly chart.
On weekly chart, we could easily draw a trend line or resistance line that USOIL need to challenge first.
This line could reject it down to retest the bottom line of the channel . Thats why we have two arrow curve there.
Our long trade signal sent out to our VIP signal subscribers on 25th June has made tp1 hit with 200 pips !
Wish it keeping up ! And should not be a surprise according to the new low weekly record of EIA yesterday.
LESS IS MORE!
USOIL is on a slow uptrend now. It made a strong down on May to retest the red support zone and rise slowly in June.
It could break through the high of May and test higher high in July.
That is our expectation on monthly chart.
On weekly chart, we could easily draw a trend line or resistance line that USOIL need to challenge first.
This line could reject it down to retest the bottom line of the channel . Thats why we have two arrow curve there.
Our long trade signal sent out to our VIP signal subscribers on 25th June has made tp1 hit with 200 pips !
Wish it keeping up ! And should not be a surprise according to the new low weekly record of EIA yesterday.
LESS IS MORE!
