Hello traders,
USOIL is on still on our buying list on weekly chart.
But on daily chart, there is a possible channel near the dash line on daily resistance zone.
A 4h pressure line which is the poterntial channel's upper band is possible to pull price down to test 4h support line first.
Now just wait for position 4 to confirm the selling signal to 62-62.50 in the 1st new trading week of JUNE
Good luck!!!
LESS IS MORE!
USOIL is on still on our buying list on weekly chart.
But on daily chart, there is a possible channel near the dash line on daily resistance zone.
A 4h pressure line which is the poterntial channel's upper band is possible to pull price down to test 4h support line first.
Now just wait for position 4 to confirm the selling signal to 62-62.50 in the 1st new trading week of JUNE
Good luck!!!
LESS IS MORE!