My bias is long on usoil. The 4H chart shows my idea on getting into the trade. My view on the trend is bullish based on the daily and weekly charts. Other important infos that I looked on are the 2 hammers with long tails indicating buying pressure laying on the previous resistance level way back in 2015. My opinion is that the resistance level has been broken and is now become a support level.
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.