USOIL (BUY or SELL) Find out on the next episode

7 May 2020

Ok here we have US Oil which is another lovely pair of mine just because you know what your getting into when trading oil. Here I am looking for price to either break these two black vertical lines or respect this resistance. In order for me to hop in for the buy Ill have to see a very strong bullish candle and close above those two lines. If not Ill be looking for sell opportunities.

7 May 2020

Not

Oil is respecting this zone so now I will be entering my first position for the sell. Price is currently above the moving average so it will be a short term sell and my take profit @ 22.00.