USOIL has some bull signal on daily chart.
Please go check it .
Now we are wondering where is the best entry to join the buyers' group with a reasonable SL.
You dont want to have a $2 SL to hunt $1 profit only, right?
The red channel is the main down trend since October.
The blue channel is going to have 5 wave to make the first uptrend, targeting 60 .
I think 60 is not that hard to recover, the harder thing is to stand above it .
Less is more!
Please go check it .
Now we are wondering where is the best entry to join the buyers' group with a reasonable SL.
You dont want to have a $2 SL to hunt $1 profit only, right?
The red channel is the main down trend since October.
The blue channel is going to have 5 wave to make the first uptrend, targeting 60 .
I think 60 is not that hard to recover, the harder thing is to stand above it .
Less is more!
Comment:
Comment:
USOIL could drop down again to make d retest of the bottom before touching 60.
