hi all

Oil tested daily support for three consecutive days last week, but it was unable to make a new low and bounce.

So long as the wave doesn't break high (wave B), I think USOIL is making wave B and the next direction is C.

Let me know what you think In the comments!

**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills**

Thanks a lot for your support

Note
SL-10
Note
snapshot

If a new support is broken, I might consider going short once more.
Note
ladies and gentleman
The time is now 10:25 pm and the weather outside looks mighty fine today.
we are expecting to reach key level soon. good luck and have a nice weekend

snapshot
Chart PatternsnakedchartanalysispriceactionanalysissupportandresitanceTrend AnalysisCrude Oil WTIusoilshortWave Analysis

Related publications

Disclaimer