I expect USOIL to go long from our designated long zone of 54.00 - 54.30. I will not enter the position until the market notifies me that I am allowed to enter. I expect USOIL to continue towards the 60.50 zone. My ideal stop loss, take profit and entry point are all marked out.
This analysis is for educational purposes only.
Order cancelled
USOIL never presented the proper entry via a candle stick pattern or formation. The trade has been invalidated.
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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.