Hello traders,
On this Wed, I am still looking bearish for USOIL based on reasons 15 mins before EURO session:
A. Daily pressure EMAS still valid.
B. 4H CHART, usoil is testing the daily pressure zone before Euro session which could make a good position for sellers after session begin.
C. FOMC today will very possible make a new high rate today. With such expectation , eonomic will suffer by that. Usoil recession in demand.
Now , just waiting for 4H selling confirming signal later to open sell down to the daily support zone again.
GOOD LUCK!!!
LESS IS MORE!