KudaChenjerai

USOIL Long trade idea

Long
TVC:USOIL   CFDs on WTI Crude Oil
Good morning traders today oil is trading in a range on the 30 minute timeframe

using the breakout strategy a break to the upside may indicate the bullishness of the oil price

in addition we are expecting a pullback to the support level before long positions are ordered

Im expecting to place buy orders if price makes a pullback towards support level or when price breaks the resistance level

goodluck and cheers

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.