Snick3rSD

⁉️ USOIL Market Analysis

Long
TVC:USOIL   CFDs on WTI Crude Oil
Here on USOIL we are in a bullish market structure, this means I am looking only for longs positions. But for the upcoming week I expect we could see the continuation of the retracement, I expect the price wants to close that gap around price level 111.23 and then to continue down move. I have 2 POI (point of interest) for longs positions, the first is from bullish orderblock around price level 104.00$, after the price would take out liquidity below PWL (previous weekly low) and the second one is a little bit lower, also I am waiting for a rejection from bullish orderblock around price level 100.00$. Both, for the first POI and the second, I will wait for a confirmation before executing the trade in order to be more confident.

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