USOIL: Waiting for a liquidity sweep on the Daily timeframe

90
In my previous analyses on USOIL, including the fundamental outlook, price has been trending lower within a narrow channel between $70 and $50.
I’m looking for a buy opportunity on higher timeframes after a large liquidity sweep.
Weekly Outlook:
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* Trend: assessed using at least three trend indicators, with market structure as the primary guide.
** Weak or Reversal Signals: Assessed based on one of our criteria for trend reversal signals.
*** Support/Resistance: Selected from multiple factors – static (Swing High, Swing Low, etc.), dynamic (EMA, MA, etc.), psychological (Fibonacci, RSI, etc.) – and determined based on the trader’s discretion.
**** Our advice takes into account all factors, including both fundamental and technical analysis. It is not intended as a profit target. We hope it can serve as a reference to help you trade more effectively. This advice is for informational purposes only and we assume no responsibility for any trading results based on it.

George Vann @ ZuperView

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