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USOIL long

Oleh the_sunship
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If I'm right (a big IF) USOIL may rally significantly in the coming weeks. Between 77-76 is the buy area. Under 76 and things could get ugly quickly, but the mid time frame rsi is telling me that is probably not going to happen. I'm looking for support in this area and a move up to 90 in the coming weeks.

Good luck!
Catatan
daily 50 and 100 ma's very close to the buy area as well. cuplikan
Catatan
stab through the wedge, not sure if that's the end cuplikan
Catatan
signs of life cuplikan
Catatan
weekly 18ma also here, should act as support - it was resistance on the way down. cuplikan
Catatan
cuplikan
Chart PatternsCLTechnical IndicatorsCrude Oil WTIWave Analysis
the_sunship
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