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YertuntsTrader
Aug 25, 2022 5:53 AM

USOIL ! reversed to bullish sign long trade analysis Long

WTI CRUDE OILTVC

Description

USOIL is headed for a strong bearish trend there is sign that this downtrend may be over. While earlier bullish, oil neared the 100 EMA, rejected strongly and down. But this time, the oil broke the 100 EMA and moved very strongly bullishly. Oil is currently trading at a level it previously strongly rejected. If can break this level and show growth, you can make a profit on long trades.
Comments
kiwetaphilip99
bullish
Lingrid
Great chart!
YertuntsTrader
@Lingrid, Thank you Lingrid
Ahmed892
Bearish
YertuntsTrader
@Ahmed892, well let's see
ahmedkhakwani91
@YertuntsTrader bearish still
Ahmed892
@YertuntsTrader great work 😉
DannyFoss
headed for bullish or bearish?
YertuntsTrader
@DannyFoss, Mid-term is headed bearish trend, Long term is bullish
DannyFoss
@YertuntsTrader, Completely agree with that, but the technicals are very difficult to read right now depending which tf we look at.
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