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Usoilidea

SECOND ROUND OF USOIL / WTI SELLS INCOMING UPDATE!USOIL / WTI - Update. Created an equal high today after pushing higher. Then following on with a push down. Need to see a pullback to the areas highlighted if we can and see it rejecting strongly we can look to sell OIL. For now be patient and await some more signs. IF we do not reject after a pullback and keep pushing higher we may be in for OIL coming in higher ONE MORE last time to 28.40 so please keep aware and be patient.
TVC:USOILShort
by razainvestments
USOIL long trade ideaPlan : resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
TVC:USOILLong
by GWBFX
8
usoil entering the$20 region where a strong ressistance is readywith a Major rejection at the 786 level of the fib, we saw a nice bearish movement to the first -27 level. we have some room of 100 pips to hit the $20.00 region which aligns with the -618 level. from that level, we can expect some sideways movement and a bullish push. especially now when Trump made a deal with the OPEC for a production cut, and China who is slowly getting the factories ready for production. we can expect a higher demand for usoil which can push the price to the 30-35 $ region.
TVC:USOILLong
by Financexclusive