2609 USOIL down to where for a correction
Hello traders,
USOIL seems hard to push for a new high before a correction.
Check the weekly outlook, it is going to reach the low of last week.
Breaking through it will make it possible to reach the bottom FIBO ext 1.414-1.618 position where we were expecting with little chance.
GOOD LUCK ON LOOKING FOR ENTRY TO SELL.
LESS IS MORE!
USOIL seems hard to push for a new high before a correction.
Check the weekly outlook, it is going to reach the low of last week.
Breaking through it will make it possible to reach the bottom FIBO ext 1.414-1.618 position where we were expecting with little chance.
GOOD LUCK ON LOOKING FOR ENTRY TO SELL.
LESS IS MORE!
Usoil did not break through it.
So the lower fibo ext positions are now not considered.