Here in the higher time frame, we failed to break the resistance. In the 15min we are coming back to that area.Im looking for sells here
Here we have the downtrend from last week and no sign for turning bullish. I will attempt this but it's a risky one since we are entering late.
Weekly is overextended and need a correction. We have seen some selling pressure in the last of couple days.
So for USOIL, we might see more downward movement but we have some buying opportunity in the meantime. i personally think that the re-accumulation is just part of an impulsion and we might pull back and grab liquidity before continuing the downward movement.
Bullish fundamental. BOS and IMBALANCE setup. Im expecting bullishness