Long on USOIL/ WTI
Based on the structure of price action. There's a potential H&S, if this plays out then we can expect movement to the downside on the right shoulder, if not, we can see price move further above that supply zone.
DISCLAIMER: THIS IS ONLY A POSSIBILITY not a guarantee. The point of technical analysis is to understand structure and have clarity of the charts not so much predicting the chart but equip us for better reaction.
DISCLAIMER: THIS IS ONLY A POSSIBILITY not a guarantee. The point of technical analysis is to understand structure and have clarity of the charts not so much predicting the chart but equip us for better reaction.
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