Usoil trade setup

Lalit_matta · February 11, 2020, 3:32am

The weekly is favored turning up above 26.34 lows from 2/11/16 & the daily is turning down against the 77.01 highs from 10/3/18. Nearer term while above the 49.30 lows where the 4 & 1 hour are turning up it can correct the cycle lower from the 10/3/18 highs.

#forextuitions #lalitmatta

ontario · February 11, 2020, 5:25am

Did you take into account OPEC reluctance to deepen output cuts? Don’t argue with oil fundamentals, especially OPEC and China demand

justshell · February 11, 2020, 1:48pm

same exact setup I have, lets see how it goes

Petezaa · February 12, 2020, 11:44am

Oil looks all over the place the minute, but could be a good buy at 49.0

justshell · February 13, 2020, 4:49pm

yea right now its trying to push down from the 51.420 resistance,