USOIL SECOND WAVE TREND POSSIBLE - RISK AREA For USOIL NOW
Updated
Depending on my new chart study, expecting that USOIL can get a huge recovery depending on more things.
The first are OPEC trend, and the second are the start of new second wave, what we dont hope. when the
transport is less used, this can lead to a reduction in oil purchasing.
We dont know the future, we only expect depending on data. so my expecting for usoil are down trend.
Day trade data:
đź”—Trader Data USOIL. 39.70 first possible trend Test on 38.60 from there recovery, if not than down trend to before confirmation line 37.15, and if it breakdown from there than crash trend. and as traders need check all 2 sides. from only 40.50 looking for up trend with confirmation line. # expecting are down trend
Have good time all.
If you like the idea - like follow
Thank you
The first are OPEC trend, and the second are the start of new second wave, what we dont hope. when the
transport is less used, this can lead to a reduction in oil purchasing.
We dont know the future, we only expect depending on data. so my expecting for usoil are down trend.
Day trade data:
đź”—Trader Data USOIL. 39.70 first possible trend Test on 38.60 from there recovery, if not than down trend to before confirmation line 37.15, and if it breakdown from there than crash trend. and as traders need check all 2 sides. from only 40.50 looking for up trend with confirmation line. # expecting are down trend
Have good time all.
If you like the idea - like follow
Thank you
Note
The above Data trade are just day trade with from 40.50 confirmation line. depending on long term expecting OIL expecting breakdown.Note
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