Long term view on USOIL - Bullish by a trade war alleviation
Reasons of going Long on USOIL:
- Weakening DXY due to trade war alleviation.
- Increasing production, exportations and reserves.
- Increasing volume
- Strong support level with oversold and divergent RSI
- Weakening DXY due to trade war alleviation.
- Increasing production, exportations and reserves.
- Increasing volume
- Strong support level with oversold and divergent RSI
Note
Slight decline close to institutional level.Trade closed: stop reached
Related publications
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.
Related publications
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.