Hello traders,
USOIL is being rejected from the current important pressure zone where it could make a fake breakout and turndown to red support zone. On this case, using the high of fake breakout candle to setup your stop loss.
Or it could continue sideways price action before breakout this pressure zone. on this case, using the bottom low price position of sideways price acion to setup your buying order.
Prepare two plans for short term trading on this commodity.
GOOD LUCK!!!
LESS IS MORE!
USOIL is being rejected from the current important pressure zone where it could make a fake breakout and turndown to red support zone. On this case, using the high of fake breakout candle to setup your stop loss.
Or it could continue sideways price action before breakout this pressure zone. on this case, using the bottom low price position of sideways price acion to setup your buying order.
Prepare two plans for short term trading on this commodity.
GOOD LUCK!!!
LESS IS MORE!
