Mfoka_Mdletshe

Mfoka_Mdletshe

USOIL has broken impulsively from the falling wedge showing signs of retesting to form buys to the upside. I'm predicting price will fall all the way down to 90.00 USD before buys are valid but in order to confirm these buys we will have to look for a signal that this a confirmed structure to move to the upside all the way to 114.12 USD for the 90% rule...goodluck!

Mfoka_Mdletshe

On the higher timeframes i see an ascending structure which is about to be broken.Reason for saying this is that the smaller timeframe on the 1h i see a small bearish flag and see multiple rejections fo the upside.which show that sellers are in control at the moment.

Mfoka_Mdletshe

This is a breakout retest from a higher timeframe if price breaks above 0.74465 impulsively it will indicate that buyers are still in control and i'm predicting that buyers will push all the way to 0.75042 and if there's still momentum they'll push to 0.75893.