USOIL I told about oil long trend yesterday, and give two strategy for long position. If you didn't get on the train, focus on the 54.14~54.20. This trend will continue at least to 56.00.
Support: 54.14~54.20
Resistance: 55.20 / 55.75 / 56.08
Like if you trade, make Ideas or comments with me :D
@AshaDi, Hows going? 55.23 target 1 reach yesterday. It seem into a shake for today, and may test 53.4~53.3 support area.
What's ur target? If u just long for short-term, 55.23 is a good price to profit, but if u want long for long-term...its have long way to go.
AshaDi
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@KENJICHEN, yea...properly gonna just go for 55.23 now...is ur trade on this page still active? :P
KENJICHEN
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@AshaDi, I didn't update immediately, hit the target 1 yesterday, so its profit for the position.
AshaDi
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RSI/stoch doesn’t look very pretty, both showed going down, what do U think?
AshaDi
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Sorry just bit confused with usoil
KENJICHEN
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@AshaDi, If u wanna long oil wait until 16:00~17:00, if u wanna short there's no better price to set on my opinion.
KENJICHEN
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@AshaDi, hi, u are right. Oil seems lack of momentum to go up till now, but I think it just a correction for boost yesterday.
So, don't worry about the uptrend reverse. Only if 53.40 be break down, the short term trend will be reverse.
AshaDi
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@KENJICHEN, thank you , so u reckon 53.4 will be a better SL