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USOIL : SIDEWAYS, WAIT FOR BETTER OUTLOOK

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#USOIL# USOIL : SIDEWAYS, WAIT FOR BETTER OUTLOOK

Hello everyone,
I'm posting once again an idea follow the previous one (linked to this one).

It did breach the bottom bar of the triangle but bounced back on the 37.4 support,
Also, it didn't came back at the previous level but bounced on the 37.2 resistance,

We should wait and see what direction it's going to take, you can either anticipate a possible sell or buy (and placing the SL at 1/2 or 3/4 of the corridor as showed in the example) or simply wait for a clear direction taken!

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Thanks for this
great post
πŸ‘
Thanks for this
good post
πŸ‘
good post
The continuation of the recovery appears on the cards in the very short-term and with WTI now targeting the $40.00 mark.
thanks for this
its on sideways since it strong bearish for past 2 days

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