USO incoming 47.5
40 dollar well supported at 50ema and double bottom formation. Trend continuation. Next resistance level is 48 and then 50.
Price bounces off the 50 ema too in the weekly chart. Bullish setup
Price bounces off the 50 ema too in the weekly chart. Bullish setup
Note
40 is a strong support. Add position sizing.Note
ranging looking good.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.