Hello Traders, before I forget to post the massive move ahead for USOil I wanted to make sure this got published.
Really feeling blessed to be able to now execute directly on Tradingview Via Futures.
Will keep you all posted on that growth. I plan on getting very active on all platforms for accountabilities sake. It really brings me joy sharing knowledge and perspectives with such a vast community of traders!
Back to the chart. We can see price squeezing starting to form a pennant. The projection lines are simply the measure volume from high to low of the intial expansion/ creation of the range. This is typically a pretty accurate gauge of future projected volume.
I am leaning more bullish currently but we will await confirmation. Will the bulls be strong enough to support this area? What will this week of red news bring?