In light of yesterday's price movements, I have placed a buy order on USoil.
Stop below the last point of support around 35USD.
In this case, I will not wait till breaks out above 39.2USD, as D produced to support and pushed the price higher than C.
Therefore, it's a pullback for a larger move up in my opinion.
Stop below the last point of support around 35USD.
In this case, I will not wait till breaks out above 39.2USD, as D produced to support and pushed the price higher than C.
Therefore, it's a pullback for a larger move up in my opinion.
