CFDs on WTI Crude Oilืžืขื•ื“ื›ืŸ

USOIL on a range ๐Ÿฆ

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.


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ืชืžื•ื ืช-ื‘ื–ืง testing now the support area
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ืชืžื•ื ืช-ื‘ื–ืง still trading within the range
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ืชืžื•ื ืช-ื‘ื–ืง 6% in our direction here
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ืชืžื•ื ืช-ื‘ื–ืง bearish continuation
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ืชืžื•ื ืช-ื‘ื–ืง possible lower low
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ืชืžื•ื ืช-ื‘ื–ืง liquidity grab over the daily suopport
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ืชืžื•ื ืช-ื‘ื–ืง bouncing over the support
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ืชืžื•ื ืช-ื‘ื–ืง possible test of the 0.786 Fibo

ื›ืชื‘ ื•ื™ืชื•ืจ