0109 USOIL turning down for a correction on NFP Day

1 ก.ย. 2023

Hello traders,

USOIL is on a plan for correction right now.
First lets review our outlook of USOIL in this idea.

USOIL did not make a sideways price action but went up straight to the weekly resistance zone. Now should us think about correction or sideways price action for USOIL?
Yes.

On this 4H chart, with a later NFP releasing, it is possible for USOIL to make a test once to 84.84 and turn down for a correction. Corrective wave could down to hit FIbo 382-618 zone.

GOOD LUCK ON WAITING FOR MORE SIGNALS.
LESS IS MORE!