USOIL weekly overview

US OIL weekly overview

Price broke up key level $66.26 on Friday. That changed situation. For this moment it is better to look for long on PullBeaks to $66.20.

As you see on chart price consolidated under key level after it broke up a key level from which price bounced many times on daily chart. It shows that big players want to move it up.

I will look for Buy near key buy zone $66.26 — $67.10.
S/L: 50 – 70 pips under entry point.
T/P1: $71.10
T/P2: $72.80

I think price can move up to key sell level $72.88. Near the level, I will look for Short. Also, if the price will break up $72.88 and D1 close upper it that will be a signal for continue of bullish moving.

註釋

Price moved up without PullBeak

Yuriy_Bishko

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Yuriy_Bishko

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