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West Texas Oil
Long
Updated

Long term view on USOIL - Bullish by a trade war alleviation

265
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
Note
Slight decline close to institutional level.
Trade closed: stop reached
Theperfectionist
Bullish PatternsbuyChart PatternsdollarDXYEnergy CommoditiesHarmonic PatternsOilTrend AnalysisCrude Oil WTI

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Bullish PatternsbuyChart PatternsdollarDXYEnergy CommoditiesHarmonic PatternsOilTrend AnalysisCrude Oil WTI
Theperfectionist

Related publications

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.