The 5%ers' Blog

USOIL Key Levels For Swing Forex Traders 20/01/2019

January 20, 2019 | 12:47 pm | The 5%ers' Blog
January 20, 2019 | 12:47 pm
The 5%ers' Blog

For the swing traders among us, I marked the next confirmation zone for USOIL which I’m waiting for the price to breakout. the first is the support zone below, if the price will break out this Support it indicates the price tends to reach the demand below, therefore, if that happens I’ll look for price action setup for sell position, and my target will be the demand at the Bottom, the second scenario is if the price will break out the resistance above, if that happens it indicates the price tends to reach the supply at the top, therefore I’ll look for price Action setup for buy position, and my target will be the supply at the top.

The5ers Tradingview Channel

 

Share:

WE FUND FOREX TRADERS!

The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.

Get Your Forex Funded Trading Account

Login

Your message is underway!

You will be hearing from us shortly

the5%ers

FREE
VIEW