USOIL: trying to make a higher high?
The air attack in Iran has pushed USOIL to 63.35, where we put the SL for the short orders. It proves that the "similarity" as I mentioned works well.
Personally I'm still not willing to put a buy order, not before a solid breakout of 63.35.
The wide ranging box from 51 to 63.35 is still valid for now. And the area from 61 to 63.35 is the criteria we confirm how will the market go.
To put it simple, a short trade is the signal my system is telling me, which is the right thing to do for me.
Refer to my former analysis linked below, too.
Thanks!
The air attack in Iran has pushed USOIL to 63.35, where we put the SL for the short orders. It proves that the "similarity" as I mentioned works well.
Personally I'm still not willing to put a buy order, not before a solid breakout of 63.35.
The wide ranging box from 51 to 63.35 is still valid for now. And the area from 61 to 63.35 is the criteria we confirm how will the market go.
To put it simple, a short trade is the signal my system is telling me, which is the right thing to do for me.
Refer to my former analysis linked below, too.
Thanks!
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