Crude OIL is setting up for a BIG MOVE.
Updated
Hello traders,
This is a great opportunity for us in
USOIL. The trend is bullish, every dip is bought so that tells us that bulls are ready to push this higher in the coming year. I have shown all possible moves that USOIL can make in the chart. I expect an up move. I'll keep the post updated once it breakouts.
This is a great opportunity for us in
USOIL. The trend is bullish, every dip is bought so that tells us that bulls are ready to push this higher in the coming year. I have shown all possible moves that USOIL can make in the chart. I expect an up move. I'll keep the post updated once it breakouts. Note
Breaking now. We'll see if it holds.Note
Looks like that trendline is holding. Since it's the end of the year probably the big breaks wont happen. If it breaks the small trendline we will get a short term sell. But the trend is BULLISH.
Trade closed: target reached
OIL hit the 60$ mark.
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.