USOIL CORRECTION THEN IMPULSE
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
USOIL, WHAT'S NEXT! đź“š
👉As we can see price is trading inside this rising channel, and bulls are still in control making clean higher highs and higher lows.
👉Meanwhile, price now sitting around our upper bound of this channel acting as an over-bought zone, lining up with a supply zone, where we will be expecting new correction movements.
👉Moreover, as the price will be approaching our lower marked zone, previous major highs, lining up with our rising trendline, then we will be zooming into lower time frames to be looking for new bullish movements as a trend-following buy setups.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
USOIL, WHAT'S NEXT! đź“š
👉As we can see price is trading inside this rising channel, and bulls are still in control making clean higher highs and higher lows.
👉Meanwhile, price now sitting around our upper bound of this channel acting as an over-bought zone, lining up with a supply zone, where we will be expecting new correction movements.
👉Moreover, as the price will be approaching our lower marked zone, previous major highs, lining up with our rising trendline, then we will be zooming into lower time frames to be looking for new bullish movements as a trend-following buy setups.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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