Hello traders,
USOIL has made a strong bullish candle on this Monday.
Now all price actions are running above the EMAS.
It is very possible for it to test the recent high, 123.1.
And we need to check what candle could happen after testing this level.
Fake breakingout, would be a chance for OIL to pull down for a correction.
Breakout and stand above this level, it will test fibo 1.27 position , 126.36 , as a new high for this month.
Good luck!!!
LESS IS MORE!
USOIL has made a strong bullish candle on this Monday.
Now all price actions are running above the EMAS.
It is very possible for it to test the recent high, 123.1.
And we need to check what candle could happen after testing this level.
Fake breakingout, would be a chance for OIL to pull down for a correction.
Breakout and stand above this level, it will test fibo 1.27 position , 126.36 , as a new high for this month.
Good luck!!!
LESS IS MORE!
