Hi Traders, This is Usoil 1hr + 4Hr Order block trade we can see Buying from this level.. At this level we can see some Liquidty pool. Here we can take trade with 5 min CHoCH. 5 min CHoCH is best to take Long Trade Note - Only for education Purpose Follow for Daily Forex Update
Crude oil analysis . Symbol :Crude oil or USOIL Time frame: 15 minutes Analysis: There is a gap up in crude oil and from last 10 days, the price is in a consolidation.So, if the price crosses above 81,then we can expect a target up to 84 with MacD crossing above zero . If the price crosses below 79.3 then we can expect a target up to 76.3 with MACD crossing...
Crude is favored ended correcting the cycle up from the 12/24/2018 lows where the daily is turning up. The 4 & 1 hour are turning up against the 49.37 lows. While above there expect a turn higher.