Now it is 23rd April Friday. Just few hours before Newyork session. Euro session already start. This is a new video update on USOIL that planning to open buy soon. Yesterday we got a old video that hoping the support line of the flat channel could stop OIL dropping. It did. And now connecting these lows from the bottom, we got a new channel to follow. USOIL has passed through the average band of the bollingerband which is a good sign for us too. This plan is waiting for a sideways for us to set up a new trade with a target of recent high first with potential risk to reward ratio equal to 3. It would be higher if you take the whole swing just happened last wk as wave A and the correction happened this wk as wave B. Now you are doing a right thing to follow main trend on daily and weekly chart by waiting confirming signal to start wave C. The end of possible wave C up to ext 1.27 fibo could be 66.15 with a potential RR higher than 5.
Good luck on waiting for your confirming signal. Don’t forget to support me with likes and comment down there what’s your thought. LESS IS MORE!