After 2 day strong rally USOIL touching the upper Day chart down trend line. Day chart closed below the down trend line, signal the Bull is hesitate 3 hour chart show the pull back from the US Session. Noticed the sell down pressure overnight isnt that significant that will revert the Bull immediately.
Short Action : Shorten Trader/Scalper may continue the Short action in the PB and Targeting a better support level at 39.00 level.
Long Action : Long Trader - Watch Price action at 39.00 level
Note
USOil is Playing out the Bull Case Well from the support zone as highlight... Continue to Long USOIL..
Note
Take Partial Profit 50%.. Remaining Trailing Stop last 2 bar Low.
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