USOIL on a range 🦐

Mar 10, 2023

USOIL on the daily chart is moving froma few weeks within a range between an important support and a resistance around the 82 level.
The market tested a few times the upper and the lower level of the box and no break happened yet.

In these cases we have 2 possible options:

Trade within the range and take long orders at the bottom and short ones at the top or either be patient and wait for a clear break of the range.
In this second case we could wait for a break of the support area and look for a nice short order according to the Plancton's strategy rules.

Mar 13, 2023

Note

testing now the support area

Mar 14, 2023

Note

still trading within the range

Mar 15, 2023

Note

6% in our direction here

Mar 16, 2023

Note

bearish continuation

Mar 17, 2023

Note

possible lower low

Mar 20, 2023

Note

liquidity grab over the daily suopport

Mar 21, 2023

Note

bouncing over the support

Mar 22, 2023

Note

possible test of the 0.786 Fibo