USOIL analysis on 4HR Time Frame
Plan A
If the price bounces back for our Support level then looking for long.
Bullish Flag formation.
SL =76.62
TP = 81.10
Plan B
Bearish Divergence is Spotted which indicates Price may go down.
If the price breaks the Support Level then Shorting will be sought.
Will wait for the confirmation once the support level is broken.
If the price bounces back for our Support level then looking for long.
Bullish Flag formation.
SL =76.62
TP = 81.10
Plan B
Bearish Divergence is Spotted which indicates Price may go down.
If the price breaks the Support Level then Shorting will be sought.
Will wait for the confirmation once the support level is broken.
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.