0227 USOIL looking for a correction on 4H chart!!!Hello traders,
On Wednesday, the internal alert stated: "On Wednesday, we are waiting for a new sideways trend in crude oil. Crude oil may experience a short-term decline followed by a pullback around the opening time of the European and American markets. Participation is not recommended!"
On Thursday, in the four-hour chart, the C wave of crude oil is oscillating sideways at an extreme position, and there is a high probability of a certain degree of pullback! Pay close attention to the previous support level of 70.00, which is also a key psychological price level.
You can consider taking a light position to go long on crude oil!
TP1: 70.00
TP2: 70.35
GOOD LUCK!
LESS IS MORE!