2.26-3.01 USOIL Weekly Outlook

Updated
Hello traders,

Last week, USOIL did not break through the weekly structure. Does it mean this smile curve fail?

Not exactly, it looks like a longer time and wider space for USOIL to sideway move in at the bottom. Check this left weekly chart for details.

In the 4H right chart, USOIL is making a bearish 4H top again, so it could be safer to follow this 4H bear swing first. And then find a new opportunity to buy from the bottom again.

GOOD LUCK ON THIS WEEKLY PLAN.
LESS IS MORE!
Comment
How about this plan that we kept talking last week. And will this breaking through happen at the end of Feb?
Comment
snapshot
Chart PatternsTrend AnalysisusoilanalysisWave Analysis

专注黄金和原油
七周年庆,免费入群微信小红圈(首季度),每日更新追踪交易计划,微信联系咨询: ziyuvera
red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
Also on:

Related publications

Disclaimer