USOIL Squezzing Between Trend line and 34.25 Resistance
USOIL Squezzing
34.25 is the level which
turns from previous support to resistance
Trade Plan 1:
Short usoil based on the strong resistance
If the trend line is broken, the downside will be very big
SL: 32.50, TP: 28.00
Alternative Plan 2:
Buy the break out when you see price
close above 34.25 and buy the pull back
34.25 is the level which
turns from previous support to resistance
Trade Plan 1:
Short usoil based on the strong resistance
If the trend line is broken, the downside will be very big
SL: 32.50, TP: 28.00
Alternative Plan 2:
Buy the break out when you see price
close above 34.25 and buy the pull back