Here's an idea on the USOIL which closed at 37. 01 looking at the monthly chart the oil just broke the 61.8 % fib testing 43. 27 where it was rejected and pushed down with the bears by almost 5% , currently trading at a significant level waiting to see a break of this level to see continuation with the bears targeting 35.24. fundamentally this move is highly possible and from higher time-frames the sentiment is fairly so waiting for price to indicate and will be looking for entries on lower time-frames. hope this idea assists in any way on your trades on oil .
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE
ENTRY & SL - FOLLOW YOUR RULES
PERIOD - SWING TRADE
If this idea helps with your trading plan kindly leave a like definitely appreciate it.