US-OIL QUICK UPDATE

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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US-OIL QUICK UPDATE. 📚


👉As we can see US-OIL price is still overall bullish making clean higher highs and higher lows trading inside this rising channel.

Okay! Then what?! 📚

👉Then as the price is rejecting our upper marked zone, acting as a resistance zone, we will be interested in looking for new longs as the price will be approaching our lower massive zone, rising trendline, lining up with our previous highs and lows.

👉Unless price managed to trade again higher to the resistance zone, we will be looking for new shorts as a correction movement.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!