USOIL OVERALL DIRECTION
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
USOIL From a Medium-Term Perspective.
As we clearly see price is still overall clearly bearish trading inside this channel.
However, as the price will be approaching our upper falling trendline we will be looking for new bearish impulse wave as a Trend-following setup.
Unless price managed to break above the falling trendline, then price will be diving approaching our Horizontal resistance zone.
Where we will be looking for new bearish reversal setups.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
USOIL From a Medium-Term Perspective.
As we clearly see price is still overall clearly bearish trading inside this channel.
However, as the price will be approaching our upper falling trendline we will be looking for new bearish impulse wave as a Trend-following setup.
Unless price managed to break above the falling trendline, then price will be diving approaching our Horizontal resistance zone.
Where we will be looking for new bearish reversal setups.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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