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ProjectSyndicate
Jan 27, 2021 9:28 AM

USOIL H2: BUY/HOLD this week TP 52/55 USD/bbl (SL/TP)(NEW) Long

WTI CRUDE OILTVC

Description

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USOIL H2: BUY/HOLD this week TP 52/55 USD/bbl (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG as I expect more gains.


🔸 Summary and potential trade setup
::: USOIL 2hours candle chart review
::: noteworthy compression
::: expanding triangle pattern
::: for this week recommend buying/holding
::: expecting short-term gains
::: next few weeks
::: final push remains before reversal later
::: DO NOT SHORT (BEARS)
::: recommended strategy: BUY/HOLD
::: either at market or wait for DIPS
::: BULLS exit at 55 USD/ bbl +5% gains
::: BEARS should wait for 55 USD
::: WAIT for price to MAX OUT
::: near 55.00 USD/ bbl
::: and short HIGH
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 50USD fresh demand zone
::: 55USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
Comments
KlejdiCuni
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Keep up the amazing work!
Investroy
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will do, thank you!
Guapeva
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interesting!
abel11
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This is a good point.
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