Us Oil is in Daily Resistance after a breakout towards upwards it stared to give correction .Either it will be sideways for somedays otherwise it will reach upto 66 region in the daily breakout for retest then it will strated to push up
Price after a big fall will reverse a little for sure, so just try to capture that reversal after conforming that in lower time frame and enter long and exit as soon as you are in profits.
Price will climb until $ 42.15 will reject from there and once again climbs up and breaks this resistance levels and reach the Box resistance. Refer previous analysis/ check the related ideas.
Price trading inside a box which is $ 1 range. Now making symmetric triangle pattern and it might break on either side.
Wait for the box breakout and enter the trade accordingly. If you are an aggressive trader then enter the market when price takes support from the symmetric triangle.
Curde running 4hr candle closes above 57.35 will confirm the uptrend signal, where you can go for long in curde.. target 60.20 in 1-2 week of time.. continue uptrend till 64 level stop loss will be update once buy triggered.
