📈 Expecting bullish price action on USOIL, as we are in a HTF bullish market strucutre, price fills all the bullish imbalances on D1 and H4, we have a h4/d1 bullish orderblock rejection + institutional figure 100$ for USOIL which is very important, we have also a lot of bearish imbalances that should be filled somewhere around 120 as price was very inefficent in that area, that area works as a magnet for the price. Fundamental Context on this asset is likely bullish, i will also attach market seasonality chart so you will understand that we are in a bullish cycle.
What do you think ? Comment below..
What do you think ? Comment below..
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.