USO - oversold hook 20ma break retest
USO - January 5, 2019 Trade Setup
USO closed just under the 20ma at 10.21.
This oversold hook trade setup offers
profit potential with a Monday retest over
the 20ma and a break over Friday's HOD
at 10.38. Look for resistance at price
targets of 11.09 and the 50ma at 11.54
USO closed just under the 20ma at 10.21.
This oversold hook trade setup offers
profit potential with a Monday retest over
the 20ma and a break over Friday's HOD
at 10.38. Look for resistance at price
targets of 11.09 and the 50ma at 11.54
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.