1903 USOIL keep rising up without strong pullingback
Hello traders,
USOIL looks really nice weekly chart for mid-term longing traders.
On weekly chart, it has finished a new bullish candle, and all last few week's candles are standing above EMAS. All bullish signals for OIL.
On daily chart, oil has made a bullish daily morning star las week. After that, it continues -rising up to test Fibo Ext1.27-1.414 position already.
So, for this week, any sign on 1h chart that the end of correction could be a signal to open buy again to follow weekly main uptrend.
Good luck!
LESS IS MORE!
USOIL looks really nice weekly chart for mid-term longing traders.
On weekly chart, it has finished a new bullish candle, and all last few week's candles are standing above EMAS. All bullish signals for OIL.
On daily chart, oil has made a bullish daily morning star las week. After that, it continues -rising up to test Fibo Ext1.27-1.414 position already.
So, for this week, any sign on 1h chart that the end of correction could be a signal to open buy again to follow weekly main uptrend.
Good luck!
LESS IS MORE!
Comment:
USOIL is facing a correction before making a new high.
