WAITING FOR THE USOIL CHOOSE DIRECTION

5 нояб. 2015 г.

The direction of USOIL is not clear, 4H the price is close to uptrend line, from the point of view of RSI under of 50, it is very likely to break the trend line, so we have two strategies.
Strategy 1: break the trend like, short it, SL 47, TP 44.5@ the under trend line.
Strategy 2: Non breaking trend line, thers is a BAT pattern in day timeframe, TP 57.00