USOIL- LONG SETUP

10 במרץ 2021

USOIL market is bullish in clear uptrend on the daily timeframe, also on the daily market has recently broke above the previous high with a strong bullish impulse which has been followed by a correction to retest the new support. I am now looking for the continuation to the upside and market to form a new higher high from a daily perspective. We will be waiting in the premium group on the 4hr timeframe for market to form new bullish structure during the correction and all our entry rules to be met before we can look to long.