📢 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.
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.
The NFX Team ™️💚
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The NFX Team ™️💚
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
