Hello traders,
USOIL did not make our buying plan a successful one yesterday. It turned down after making ABC (blue) sideways price action after being rejected from Resistance 1.
The new ABC (red) is where we are waiting for a buying signal to buy today.
Fundamentally, usoil should not on a bearish trend. So we are waiting for signal with RSI div AND price stands above EMAS again to open buying position again. BTW, right now it is not a good position to sell IMO.
Good luck on this plan.
LESS IS MORE!
USOIL did not make our buying plan a successful one yesterday. It turned down after making ABC (blue) sideways price action after being rejected from Resistance 1.
The new ABC (red) is where we are waiting for a buying signal to buy today.
Fundamentally, usoil should not on a bearish trend. So we are waiting for signal with RSI div AND price stands above EMAS again to open buying position again. BTW, right now it is not a good position to sell IMO.
Good luck on this plan.
LESS IS MORE!
Trade closed: target reached
10 year 4H swing trader! Join group for free； Contact wechat: ziyuvera; ABC Swing trading strategy Course Consul wechat: ziyuvera
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10 year 4H swing trader! Join group for free； Contact wechat: ziyuvera; ABC Swing trading strategy Course Consul wechat: ziyuvera
Related publications
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.