VineResearch

USOIL POTENTIAL LONG [UPDATE]

Long
FX:USOIL   CFDs on Crude Oil (WTI)


Overall market structure is Bullish!

Initial bearish move developed with 5-waves. It is anticipated for price to develop 3-Waves (correction) followed by another 5-waves sequence.

Apparently, price is trading in a 4H range while price forming higher highs on 4H.

Lets see if price close above 61.00 area, we could be looking for short term bullish move to 66.000 area.

#CapturingLowHangingProfits

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