USOIL is going to test previous resistance

FX:USOIL   Crude Oil (WTI)
209 2 3
a year ago
Like I drew on the chart, the USOIL             is likely to test the previous resistance since it has maintained the support of 100&200 days' MAL and up-trend line so far.

To be continued.
a year ago
Comment: I opened my long order yesterday at 31.2, and now the price is testing the first resistance of Fibo extension of 150%.
a year ago
Comment: Not bad. It just broke the first resistance.
a year ago
Comment: Target completed.
a year ago
Trade closed: target reached: Although target reached, and the oder was closed, I recommend that open long order when it pull back to 32.25 which is Fibo extension of 150% and previous support, looking forward to above 35.
tbuckle PRO
a year ago
Where do you believe solid support is before it goes to 35?
JamesZhang tbuckle
a year ago
Hi, tbuckle, as far as I am concerned, the first support will be the coming one of 32.25, and the second support will be the 200day's MA as well as the previous down-trend dotted line. The strong support will be 30.00, which is Fibo extension of 161.8 and a important psychological support.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out