USOIL setting up for a buy soon!


#1

USOIL has been trending down and has reached the bottom of this channel.
Our expectancy would for the channel to hold and give us bounce north from here.
Target would near the top of the channel.

Its important to wait for confirmation by allowing USOIL to break out first from the downtrend and buy the retest this allows for risk defined entry.

If you like these ideas be sure to check out my profile: https://www.zulutrade.com/trader/390557


#2

USOIL hits target beautifully. Almost 7% since we posted this idea

If you like these ideas be sure to check out my profile: https://www.zulutrade.com/trader/390557