USOIL: Keep an eye on this up move

Hey Traders, keep an eye on USOIL, an up wave is coming.

For us, the structure needs an up move before any next structure and this up move can go all the way up to 120 levels. The downward corrective structure can print one more low, if that happens look for buy setups again.

The correction is completed to us and market is ready to go up.

P.S. Jumping in without using stop loss or risking big or following anyone blindly leads to big losses. Do your own research, trade according to your plan and make sure to risk small specially if you are trading commodities.

If you want us to post more charts, setups and explain more about the next move, make sure to follow us, like and comment.

What we are sharing here is only our point of view on what could be the next move in the market based on our wave analysis concept so this is a directional bias and not signals...


DO NOT FORGET OUR 4 GOLDEN RULES:

1) Do not over-risk
2) Do not over-trade
3) Do not trade without stop loss
4) Never ever add to losing position


Trade with care
We Trade Waves Team

Comment:

Market went up nicely! if you get in move your stops

Comment:

We might have change of structure here, manage your trades and we will update you during our live sessions.