USOIL CORRECTION THEN IMPULSE

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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USOIL, WHAT'S NEXT! 📚


👉As we can see price is trading inside this rising channel, and bulls are still in control making clean higher highs and higher lows.

👉Meanwhile, price now sitting around our upper bound of this channel acting as an over-bought zone, lining up with a supply zone, where we will be expecting new correction movements.

👉Moreover, as the price will be approaching our lower marked zone, previous major highs, lining up with our rising trendline, then we will be zooming into lower time frames to be looking for new bullish movements as a trend-following buy setups.


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and as usual follow your trading plan and manage your risk.

Be patient and good luck!