Here's a longer term outlook on USOIL with potential supply and demand areas. For now, oil is seemingly set to test the overhead supply area highlighted with fib horizontal levels and sloping-down angle lines. Depending on the reaction upon meeting these levels, the lower demand areas might come into play. Looking to add to short risk exposure for another bullish push before meeting resistance, where some short risk exposure reduction by the institionals is expected.
코멘트:
Around demand area here
액티브 트레이드:
In long @ 5497 with a 70 tick stop
거래청산: 타겟 닿음:
338 ticks booked @ 5835, a 4.8R return on this long entry.