USOIL 26.10 +5.15% LONG IDEA

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GOOD DAY TRADERS

HERE IS A LONG IDEA FOR OIL, OIL HAS BEEN TRYING TO REGAIN TRACTION AFTER THE US JOBS DATA

> SAUDI ARABIA RAISED ITS OFFICIAL OIL PRICES THAT COULD HELP IN KEEPING OIL PRICE WITH THE BULLS
> OIL CONTRACT IS HEADING TOWARDS THE SECOND WEEKLY BULLISH CLOSE AFTER PRICE DIPPED BELOW ZERO LEVEL

ON THE 4H WE SEE THE FORMATION OF A DESCENDING WEDGE WHICH MIGHT JUST SIGNAL A MOVE TO THE UPSIDE
IF WE SEE A BREAKOUT OF THE STRUCTURE IN THIS COMING WEEK ,WILL BE LOOKING FOR LONGS ON THE OIL

PERIOD - SWING
RISK MANAGEMENT

>> IF YOU LIKE THIS IDEA KINDLY LEAVE A LIKE AND COMMENT... KINDLY FOLLOW AS WELL FOR MORE SWING AND DAY TRADE IDEAS, APPRECIATE IT...









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WE STILL RANGING IN A PENNANT FORMATION COULD BREAKOUT IN ANY DIRECTION BUT STILL HOPING FOR LONG CHECK OUT MY FUNDAMENTAL IDEA ON THE OIL BELOW IF YOU TOOK THI ONE HOLD.
Ghi chú
USOIL 25.81 + 0.06% LONG IDEA
Chart Patternscrudeoilwtifundamental-analysisTechnical IndicatorsTrend Analysisusoillong

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