Spot WTI Crude OilUpdated Ping Pong Oil
#USOUSD has broken through optimal trading zone again, based on past patterns and history with the 1H S&R line it's testing, I think we'll see further up movement near 109.123 and then a nice down movement to 4H zone @95.706 area.
Plenty of room for a quick LONG and long SHORT position play :)
Plenty of room for a quick LONG and long SHORT position play :)
Note
set up is now activeNote
Set up is in profit. In the past it's always used the up coming 1H support as support instead of resistance, so I'm anticipating a spike through support and continue upward momentum.Note
Now in the down play :) Got a Tp set for the 100.00 area, will be trail SL
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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.