USOIL 59.80 - 0.52 % LONG IDEA * PRICE ACTION CONTINUATION PTTNS

16 февр. 2021 г.

HEY EVERYONE

Here's a look at USOIL from the 4h chart with some emphasis from higher time-frames, hope everyone is having a great one in the markets this week and a good one.
looking at USOIL from the monthly & weekly chart the pair just broke out of a descending channel looking for a continuation of this move as the momentum with the bulls is very strong.
Coming to the 4H we've been in a beautiful strong uptrend that is not showing any signs of slowing down hitting those impulse and correction moves with the bulls targeting level 66.45 looking for longs in the pair.
lets see how it goes

AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.

LET'S SEE HOW IT GOES..

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.