USOIL ANALYSIS
5/17/20
I have linked below my analysis regarding OIL and since then
we had NOT had the retracement that we were looking for.
Were in an ascending structure then broke out, will be looking for more upside before taking a trade down!
Why in the hell would anyone be buying oil right now?
There is barely any planes flying, nor people traveling.
We have NOT had any retracement on the Fibnoonci either, very bearish.
Do NOT trade before taking confirmation.
Stay Patient!
Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature
Message for private entries!
5/17/20
I have linked below my analysis regarding OIL and since then
we had NOT had the retracement that we were looking for.
Were in an ascending structure then broke out, will be looking for more upside before taking a trade down!
Why in the hell would anyone be buying oil right now?
There is barely any planes flying, nor people traveling.
We have NOT had any retracement on the Fibnoonci either, very bearish.
Do NOT trade before taking confirmation.
Stay Patient!
Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature
Message for private entries!
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