USOIL LONG TRADE
False breakout occurred at demand zone at level 49.39
and confirmed by strong bullish movement
MACD shows bullish momentum
RSI is above neckline of double bottom pattern
It's expected to target first key level at 52.19
then target supply zone at level 54.36
after covering price gap at level 53.28
and confirmed by strong bullish movement
MACD shows bullish momentum
RSI is above neckline of double bottom pattern
It's expected to target first key level at 52.19
then target supply zone at level 54.36
after covering price gap at level 53.28
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.