USOIL is bullish at the Weekly for a directional bias of 100.
The price formed a HL around the 70 area causing the Oil to spike up.
Although the price had shown good bullish momentum, monitoring will be required near the 90.41 area.
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Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; -it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
The price formed a HL around the 70 area causing the Oil to spike up.
Although the price had shown good bullish momentum, monitoring will be required near the 90.41 area.
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; -it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.