USOIL on a range 🦐

10 במרץ 2023

USOIL on the daily chart is moving froma few weeks within a range between an important support and a resistance around the 82 level.
The market tested a few times the upper and the lower level of the box and no break happened yet.

In these cases we have 2 possible options:

Trade within the range and take long orders at the bottom and short ones at the top or either be patient and wait for a clear break of the range.
In this second case we could wait for a break of the support area and look for a nice short order according to the Plancton's strategy rules.

13 במרץ 2023

הערה

testing now the support area

14 במרץ 2023

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still trading within the range

15 במרץ 2023

הערה

6% in our direction here

16 במרץ 2023

הערה

bearish continuation

17 במרץ 2023

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possible lower low

20 במרץ 2023

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liquidity grab over the daily suopport

21 במרץ 2023

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bouncing over the support

22 במרץ 2023

הערה

possible test of the 0.786 Fibo