Hello traders,
USOIL is still on a very strong bullish trend on weekly chart even though it finished a little bearish candlestick last week.
This is the first bearish signal in last 4 weeks.
But this may not be a signal for reversal.
The red arrow is the plan for a weekly correction which it is not easy to say it would happen in a very high possibility.
In fact, I will check the range of last week as buyer zone and seller zone in the last trading week of Sep. And find a new signal to buy again in 4h CHART.
GOOD LUCK ON THIS PLAN.
LESS IS MORE!
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