Hello traders,
USOIL is on a plan for correction right now.
First lets review our outlook of USOIL in this idea.

USOIL did not make a sideways price action but went up straight to the weekly resistance zone. Now should us think about correction or sideways price action for USOIL?
Yes.
On this 4H chart, with a later NFP releasing, it is possible for USOIL to make a test once to 84.84 and turn down for a correction. Corrective wave could down to hit FIbo 382-618 zone.
GOOD LUCK ON WAITING FOR MORE SIGNALS.
LESS IS MORE!
USOIL is on a plan for correction right now.
First lets review our outlook of USOIL in this idea.

USOIL did not make a sideways price action but went up straight to the weekly resistance zone. Now should us think about correction or sideways price action for USOIL?
Yes.
On this 4H chart, with a later NFP releasing, it is possible for USOIL to make a test once to 84.84 and turn down for a correction. Corrective wave could down to hit FIbo 382-618 zone.
GOOD LUCK ON WAITING FOR MORE SIGNALS.
LESS IS MORE!
Join Free Telegram Group to get MORE trading skills: t.me/FuntraderVera
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Join Free Telegram Group to get MORE trading skills: t.me/FuntraderVera
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.