Jajani_20

Preparing to go long on USOIL

Long
TVC:USOIL   CFD sur Pétrole brut WTI
The key to this setup is the emotional candle(big candle) circled in white. when most traders see such candles they pull the trigger(FOMO). i have come to realize that the key to trading is waiting. After the emotional candle the market started pulling back and the sellers came in, at the moment price is in a mini range i am waiting to see if the buyers will take it up again. The overall trend on my Higher time frame(Daily) is up and price is at broken resistance looking to turn support(54.77-57.98). Will this area hold or give in?
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.