U.S. DOLLAR / WTI CRUDE OIL
Long
Updated

USOIL month chart outlook (2017-06-07)

Although the usoil is still in a weekly correction trend, I have to say that the correction is nearly to the end.
It provides a very good month entry opportunity with target around 75$ by May 2018.

I would suggest to buy usoil as stock with holding for nearly one year until May 2018.

Weekly charts:
USOIL futures (2017-05-26)

Trading opportunity for usoil (2017-06-06)


Daily chart:
Usoil might have finished the correction (2017-05-06)


This opportunity is nearly the same as the opportunity when usoil bottomed last year.
Oil month chart elliot wave analysis (2016-01-21)


Good luck for everyone!

Note
snapshot
Trade active
snapshot
I bought some ukoil.

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