📢 NFX Trade Update – USOIL 
USOIL
Price pushed above $64, tagging the 23.6% Fibonacci retracement, which I believe should hold. This move looks like a liquidity grab, hunting short stop-losses (our last setup included 😅). Classic SMC in play.
Now we have clearer insight: the key question is whether price respects the 23.6% Fib or extends higher. Based on strong fundamentals (recent inventory build signaling oversupply), I doubt sustained higher prices. The bearish case still holds weight.
🎥 Full breakdown and details in the video.
USOIL Price pushed above $64, tagging the 23.6% Fibonacci retracement, which I believe should hold. This move looks like a liquidity grab, hunting short stop-losses (our last setup included 😅). Classic SMC in play.
Now we have clearer insight: the key question is whether price respects the 23.6% Fib or extends higher. Based on strong fundamentals (recent inventory build signaling oversupply), I doubt sustained higher prices. The bearish case still holds weight.
🎥 Full breakdown and details in the video.
Trade aktif
The NFX Team ™️💚
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
The NFX Team ™️💚
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.