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