West Texas OilLong
Long term view on USOIL - Bullish by a trade war alleviation
Updated
Reasons of going Long on USOIL:
- Weakening DXY due to trade war alleviation.
- Increasing production, exportations and reserves.
- Increasing volume
- Strong support level with oversold and divergent RSI
- Weakening DXY due to trade war alleviation.
- Increasing production, exportations and reserves.
- Increasing volume
- Strong support level with oversold and divergent RSI
Note
Slight decline close to institutional level.Trade closed: stop reached
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