Hi traders, as you see USOIL is approaching strong supply zone at the top. As you see that zone rejected price many times in the past, and I expect it to repeat that again. Patiently watch for rejection in that zone. Price still have some small room to reach that zone, so stay patient! I will watch for rejection and possible price action on lower tf, but i will update you below! Stay patient and good luck!
Note
Im holding buy from 53.50 but will close it when price reach supply zone. Price might correct back to trendline for that last push to the upside, so if you want you can take short term buy if correction will appear
Note
Oil is nicely pushing higher, lets wait for that last push to the zone, and hopely we will get nice rejection there. Keep an eye on it!Note
We are having nice impulse, and correction in the making. As you see price already filled that gap happend on market open yesterday. Wait for slowly retest of that trendline and then strong breakout if you want that short term buy. I will be watching around 61-62 for rejection and sell
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.