Hello traders,
USOIL on weekly chart looks like about to break through up to finish bottom sideways price action.
On 4H chart, it has just finished a leg up to break through the big triangle's pressure line and test the horizontal pressure line once.
This should be good news for buyers of USOIL this week, meaning more and more buyers could probably join the long side of USOIL.
Good luck on buying plan for USOIL this week.
LESS IS MORE!
USOIL on weekly chart looks like about to break through up to finish bottom sideways price action.
On 4H chart, it has just finished a leg up to break through the big triangle's pressure line and test the horizontal pressure line once.
This should be good news for buyers of USOIL this week, meaning more and more buyers could probably join the long side of USOIL.
Good luck on buying plan for USOIL this week.
LESS IS MORE!
Comment:
It is a good idea to wait for a sideways price action before breaking though price action.
Comment:
Looks like USOIL likes breaking through first.
But now it is on the EXT FIBO 1.618, not a good price position to long for short term traders.
But now it is on the EXT FIBO 1.618, not a good price position to long for short term traders.
Comment:
Think about corrective wave for this Friday.
