USOIL - to test $59.5 or lower?

May 19

TF: 240 minutes

The script has left a FVG (Fair Value GAP) at $59.3 and it is most likely to be tested first before making any move on the upside.

The supply between 62.7 and 63 is quite strong for now.

Trade with caution

Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.

May 27

Trade active

We have made $60 sometime last week and today we did 60.25

Almost there near the preferred zone.. if 59 us held then we could possibly hit 68-70 in the upcoming sessions..

A good RR trade shaping up