1.29-2.02 USOIL Weekly Outlook

Updated
Hello traders,

USOIL is getting more and more bullish NOW.

Check on this weekly chart, all price action is above the support line. And last week, usoil has finished with a strong bullish candlestick and price positions are all above EMAs on weekly chart.

Try not to short USOIL this week, and follow the new trend just start, you could get more than you can expect.

GOOD LUCK!
LESS IS MORE!
Note
snapshot
Note
The flag went down too more than expected.
Now check new sideways price action first before new leg up or down .

snapshot
Chart PatternsTrend AnalysisCrude Oil WTIWave Analysis

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