My Bullish Idea For USOIL Trade - Here is Why am Buying USOIL

Jul 4

USOIL

Here is why am bullish on USOIL.

1. The daily time frame structure is extremely bullish.
2. The 4hour is also bullish.
3. The 1hour chart structure is extremely bullish such that there is no reason to go short.

The orderflow on 1hour is very bullish, price is respecting bullish PD Arrays like Fair value Gaps (FVG), Bullish Orderblocks, bullish breaker etc.

My entry, target and stop loss are all on the chart.

I hope this inspires you.

Drop your idea in the comment section.

Jul 4

Trade active

Market is now moving according to my expectations, am now in profits.

I moved my stop loss to the recent swing low created on 30mins time frame.

Jul 5

Trade active

Trade Update:

I moved my stop loss to the recent 1Hour Swing low created today.

Now my trade is completely risk free and stop loss is now in profits.