๐ข๏ธ USOIL Has No Chance of Declines
๐ข๏ธ Nearest strong support zone: around the fibo levels of the 0.382 rising wave.
๐ข๏ธ Nearest strong resistance zone: around local peaks.
๐ข๏ธ Technical environment:
๐ Moving averages: Uptrend
๐ MACD: Downtrend
๐ RSI: Uptrend
๐ข๏ธ Price action: USOIL for another day in a row is holding around $79 per barrel looking by the last candle which is a candlestick formation called "hammer" combined with the overall view of the market, I expect the increases to continue in the coming days/weeks.
๐ The scenario I am playing out is the continuation of the increases. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐ If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. ๐
๐ข๏ธ Nearest strong support zone: around the fibo levels of the 0.382 rising wave.
๐ข๏ธ Nearest strong resistance zone: around local peaks.
๐ข๏ธ Technical environment:
๐ Moving averages: Uptrend
๐ MACD: Downtrend
๐ RSI: Uptrend
๐ข๏ธ Price action: USOIL for another day in a row is holding around $79 per barrel looking by the last candle which is a candlestick formation called "hammer" combined with the overall view of the market, I expect the increases to continue in the coming days/weeks.
๐ The scenario I am playing out is the continuation of the increases. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐ If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. ๐
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๐ฒ www.t.me/Investmatez ๐ฒ
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