WTI/USOIL LONG IDEA
Good afternoon traders
A few weeks back Squeeezytrader (@squeeezy_trades) shared an idea on Trading view looking at a potential meet up with the 200 EMA in the 4 HR timeframe.
Well there you have it! 600 pip drop to the 200 EMA.
The fact that the dollar was positively affected by interest rate increases meant that even though we had a bit of a drop around the time, we knew there was more dropping to come. Now we are a looking for buy signals as this thing will continue if we get past the highest point of 2018 on the daily candles!
Let's Go!
A few weeks back Squeeezytrader (@squeeezy_trades) shared an idea on Trading view looking at a potential meet up with the 200 EMA in the 4 HR timeframe.
Well there you have it! 600 pip drop to the 200 EMA.
The fact that the dollar was positively affected by interest rate increases meant that even though we had a bit of a drop around the time, we knew there was more dropping to come. Now we are a looking for buy signals as this thing will continue if we get past the highest point of 2018 on the daily candles!
Let's Go!
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