USOIL $ 40.58 PER BARREL +2.54% LONG IDEA

Good day everyone

Here's a look at the USOIL which closed within the ascending structure, looking to see if the structure will hold in this coming week so will be looking for continuation signals to the upside.

On the monthly we are currently trading at 61.8% Fibonacci retracement level with a strong bullish momentum the sentiment is still the same on the weekly whereby we have a pennant formation which could signal continuation to the upside and on the daily chart the ascending channel holds looking for continuation to the upside.... lets see how it goes

Good luck and happy trading everyone


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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT

Comment:

Comment:

WE WAIT ON THE USOIL TO BE TRIGGERD BUT IN THE MEAN TIME HERE'S AN IDEA ON THE GBPJPY KINDLY CHECK IT OUT... APPRECIATED

Comment:

CHECK OUT MY USDZAR WHILE YOU ARE HERE

Trade active:

Still waiting on the USOIL signalling that the bears might take control let's see how it goes

Trade active:

Still looking for longs on the pair