USOIL 2618 Buy Pattern
USOIL has achieved a 61.80% retracement of its impulse bull leg on 30M and demand is possibly coming in at these levels. This is a lower probability higher reward for risk set up and needs to be approached with proper risk management. Targets of 3R are around the measured move area.
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.