US OIL!
Price is now approaching the weekly exp and testing the 50% daily retrace level of the recent swing lower!
Now , having a Sell Setup from these levels will go in-line with the overall market context. We will be on a lookout for a price action Sell Setups from current prices and from a bit more strength.
A confirm break and close above the daily 50% retrace level + the weekly exp will nullify the whole selling idea.
Let's see what develops!!
Price is now approaching the weekly exp and testing the 50% daily retrace level of the recent swing lower!
Now , having a Sell Setup from these levels will go in-line with the overall market context. We will be on a lookout for a price action Sell Setups from current prices and from a bit more strength.
A confirm break and close above the daily 50% retrace level + the weekly exp will nullify the whole selling idea.
Let's see what develops!!
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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.
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.