1907 USOIL will meet 1st resistance zone soon
Hello traders,
USOIL is still on the trend up. And it will very soon meet the Resistance Zone 1 .
I would like to see some rejection up there and take a chance to wait B to join the long trade again.
But it is possible for it to test lower support zone before a new leg up.
Now you should just keep eyes on the resistance zone 1 to see if any signal for rejection. You could sell if you got one selling signal there. Or just wait for a new buying signal down B to follow daily trend.
GOOD LUCK ON THIS SIDWAYS PRICE ACTION.
LESS IS MORE!
USOIL is still on the trend up. And it will very soon meet the Resistance Zone 1 .
I would like to see some rejection up there and take a chance to wait B to join the long trade again.
But it is possible for it to test lower support zone before a new leg up.
Now you should just keep eyes on the resistance zone 1 to see if any signal for rejection. You could sell if you got one selling signal there. Or just wait for a new buying signal down B to follow daily trend.
GOOD LUCK ON THIS SIDWAYS PRICE ACTION.
LESS IS MORE!