USOIL: Resistance zone is coming after $6 rally!
Please comment below or leave us a like to support.
Traders,
We have a long trade on OIL since last Friday ( OPEC DAY) close this Asia morning with 460 pips( 66-70.6).
It looks a little be early to close?
Perhaps!
We just want to be a coward when others want to be bravers.
The top blue position is a dangerous zone for buyers thats why we want to keep our profit safe first by closing the trade.
One such chart, we found only resistance and support structure technique is making sense. The blue wave is more reasonable for oil to go on based on a strong dollor times. The golden one is just a weak possibility to go.
Less is more!
Traders,
We have a long trade on OIL since last Friday ( OPEC DAY) close this Asia morning with 460 pips( 66-70.6).
It looks a little be early to close?
Perhaps!
We just want to be a coward when others want to be bravers.
The top blue position is a dangerous zone for buyers thats why we want to keep our profit safe first by closing the trade.
One such chart, we found only resistance and support structure technique is making sense. The blue wave is more reasonable for oil to go on based on a strong dollor times. The golden one is just a weak possibility to go.
Less is more!
코멘트:
코멘트:
We could have all our targets hit in the end.
Out final one is 71.
But we closed it manually early at 70.6.
Out final one is 71.
But we closed it manually early at 70.6.
코멘트:
Meaning we still dont see a bear sign on USOIL on 4h chart now.
So could not sell it yet.
So could not sell it yet.
코멘트:
코멘트:
I did not expect USOIL to go this high, almost 72 now.
코멘트:
코멘트:
Still not ready for sellers.
Pls hold .
Pls hold .
코멘트:
코멘트:
Still no sign for bear yet.
코멘트:
Even though I really want to see a big reverse V for oil, I still do not enter a short trade yet based on 4h or 1h chart.
TOO RISKY.
Now is 73 for crude oil.
Really sorry for my last long trade.
TOO RISKY.
Now is 73 for crude oil.
Really sorry for my last long trade.
코멘트:
코멘트:
We have the blue resistance zone not valid anymore!
코멘트:
The weak possibility now is becoming real. ( GOLDEN WAVE)
코멘트:
Hello guys, looks like Crude oil is going this way.
코멘트:
코멘트:
Heading up to hit 75.22-76.74 zone.
