0705 USOIL wkly plan to buy to 112-116 zone

Hello traders,

Being such a long time. Hope you guys all good with novel coronavirus in the last 3 years.

I am back now!
Check with USOIL first since war between Ukraine and Russia has push all prices up, exp OIL.

This chart on 4H CHART for USOIL is telling a story that 112-116 will be the next target zone for buyers. USOIL has been running sideways since last Wed. This is a 2th ABC or Z correction. And all running above the support EMAS. It is very possible for usoil make a breakout up to test 112-113 zone first, then 116.

Plans for next week on USOIL is to find out entry confirming signal on 30m/1H chart.

Good luck to this plan to buy.
Less is more!
abcpatternbreakoutChart PatternssidewaysTrend AnalysisusoilbuyWave Analysiswaves

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