2025.01.07 USOIL is correcting down to support zone
Hello traders:
Last Friday's Alert: [Early Friday morning, during the closing hours of Thursday's US session, oil reached our second target, and long positions were closed with profit! New long positions are not recommended at this time!
This is because on the 4-hour chart, oil showed alternating bullish and bearish candle patterns, which signals short-term consolidation or volatility.]
On the daily chart, oil closed bearish on Monday, forming a reversal and retracement signal for the daily trend.
Therefore, using support structure levels, the short-term retracement targets are:
TP1: 71.80
TP2: 70.50
GOOD LUCK!
LESS IS MORE!
Last Friday's Alert: [Early Friday morning, during the closing hours of Thursday's US session, oil reached our second target, and long positions were closed with profit! New long positions are not recommended at this time!
This is because on the 4-hour chart, oil showed alternating bullish and bearish candle patterns, which signals short-term consolidation or volatility.]
On the daily chart, oil closed bearish on Monday, forming a reversal and retracement signal for the daily trend.
Therefore, using support structure levels, the short-term retracement targets are:
TP1: 71.80
TP2: 70.50
GOOD LUCK!
LESS IS MORE!
Ordem cancelada
USOIL did not make a strong bearish signal on 1H chart in the Early Euro session.
Instead, it rallied up to break the EMA.
Nota
Nota
USOIL could run inside a Expansion triangle.
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Copy trading service：social.xm.com/s/kRqA3rRj ABC Swing trading strategy Course Consul wechat: ziyuvera
signalsofswingtrading.com
Tele: t.me/+Q5K2Z5r3BhCe1c1l
signalsofswingtrading.com
Tele: t.me/+Q5K2Z5r3BhCe1c1l
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.