Hello traders,
This is a great opportunity for us in
USOIL
. The trend is bullish, every dip is bought so that tells us that bulls are ready to push this higher in the coming year. I have shown all possible moves that USOIL can make in the chart. I expect an up move. I'll keep the post updated once it breakouts.
This is a great opportunity for us in
USOIL
. The trend is bullish, every dip is bought so that tells us that bulls are ready to push this higher in the coming year. I have shown all possible moves that USOIL can make in the chart. I expect an up move. I'll keep the post updated once it breakouts.
Comment:
Breaking now. We'll see if it holds.
Comment:
Looks like that trendline is holding. Since it's the end of the year probably the big breaks wont happen. If it breaks the small trendline we will get a short term sell. But the trend is BULLISH.
Trade closed: target reached:
$oil hit the 60$ mark.