1203 USOIL is not smiling happily. (WEEKLY OUTLOOK)
Hello traders,
In the last few weeks, USOIL is continuing to rise from the bottom and making a bottom reversal smiling curve.
Now it is facing some troubles. It finished a bearish candle last week on weekly chart which make it slowing down to rise. Once usoil down to test these levels, on weekly chart it will surpass the EMAS and looks like a weekly sideways price action.
Good luck!
LESS IS MORE!
On the left 6H chart, usoil is making a 3rd leg down looks like a ABC wave. The support level or end of C could be Fibo ext 1.27-1.618.
The
In the last few weeks, USOIL is continuing to rise from the bottom and making a bottom reversal smiling curve.
Now it is facing some troubles. It finished a bearish candle last week on weekly chart which make it slowing down to rise. Once usoil down to test these levels, on weekly chart it will surpass the EMAS and looks like a weekly sideways price action.
Good luck!
LESS IS MORE!
On the left 6H chart, usoil is making a 3rd leg down looks like a ABC wave. The support level or end of C could be Fibo ext 1.27-1.618.
The
