Bullish Retracement Continue on USOIL.F 22nd June 2022
Last 2 day, there was a Divergence to push price to go UP
As a result, candle manage break 2 SNR at
1) 108.21
2) 108.96
And then testing higher SNR 110.81
Now candle retrace and after 4 candle, price failed to break SNR 108.96
Expectation price will go up to 112.07
However, if candle go down and break 108.21, that means Bullish retracement is over
As a result, candle manage break 2 SNR at
1) 108.21
2) 108.96
And then testing higher SNR 110.81
Now candle retrace and after 4 candle, price failed to break SNR 108.96
Expectation price will go up to 112.07
However, if candle go down and break 108.21, that means Bullish retracement is over
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