InvestMate

InvestMate πŸ›’οΈ USOIL Continues Increases πŸ›’οΈ

Long
TVC:USOIL   CFDs on WTI Crude Oil
πŸ›’οΈ USOIL Continues Increases

πŸ›’οΈ Nearest strong support zone: around recent lows.

πŸ›’οΈ Nearest strong resistance zone: around the 0.236 fibo level of the downward wave.

πŸ›’οΈ Technical environment:

πŸ“Š Moving averages: 50/50

πŸ“Š MACD: Uptrend

πŸ“Š RSI: Uptrend

πŸ›’οΈ Price action: USOIL continues to rise as I wrote in my last post: The scenario remains unchanged, everything looks like a continuation of the currently prevailing upward momentum. It is likely that next week will bring us a continuation of the increases.

πŸ“ˆ The scenario I am playing out is the continuation of the increases. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and carefully read the description.

πŸš€ If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. πŸš€

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