2.26-3.01 USOIL Weekly Outlook
Updated
Hello traders,
Last week, USOIL did not break through the weekly structure. Does it mean this smile curve fail?
Not exactly, it looks like a longer time and wider space for USOIL to sideway move in at the bottom. Check this left weekly chart for details.
In the 4H right chart, USOIL is making a bearish 4H top again, so it could be safer to follow this 4H bear swing first. And then find a new opportunity to buy from the bottom again.
GOOD LUCK ON THIS WEEKLY PLAN.
LESS IS MORE!
Last week, USOIL did not break through the weekly structure. Does it mean this smile curve fail?
Not exactly, it looks like a longer time and wider space for USOIL to sideway move in at the bottom. Check this left weekly chart for details.
In the 4H right chart, USOIL is making a bearish 4H top again, so it could be safer to follow this 4H bear swing first. And then find a new opportunity to buy from the bottom again.
GOOD LUCK ON THIS WEEKLY PLAN.
LESS IS MORE!
Note
How about this plan that we kept talking last week. And will this breaking through happen at the end of Feb?Note
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