WTI Oil Spot
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168
USOIL - USOIL has broken above the .886 on the monthly downtrend pullback is and is currently sitting in a very strong PRZ, however price could easily break above the weekly high/monthly high and close below it (Price is in an excellent location to look for swings and ride with a potential monthly continuation, however make sure you wait for proper confirmation (HTF reversal pattern etc) before entering, (Weeks and months are a long time and price can move a LOT in these Timeframes especially with Indices!

OR you can use this Bias for your LTF trading! Let me know your thoughts!

** Disclaimer ***

These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.

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