USOIL is on 2Weeks Low. Possible "W" Structure with US +ve Reply
Welcome to Profitlio Trading!
What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
Expecting a positive response from US to adjust the Price back in a stable level. Following technical analysis I see a double bottoms formation with the 2 weeks low.
Yes I call it fake deal. Price didn't held its gains now its approaching the $20 support. Deal to cut the production isn't enough and OPEC requests US to cut their output by 3 million barrels. From that $20 support I am willing to step in with my orders to long USOIL . Sketch up your own trading plan and see how it works. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
Expecting a positive response from US to adjust the Price back in a stable level. Following technical analysis I see a double bottoms formation with the 2 weeks low.
Yes I call it fake deal. Price didn't held its gains now its approaching the $20 support. Deal to cut the production isn't enough and OPEC requests US to cut their output by 3 million barrels. From that $20 support I am willing to step in with my orders to long USOIL . Sketch up your own trading plan and see how it works. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.