Hi Traders!
Our range zone on USOIL worked exactly as predicted (LINK TO ORIGINAL IDEA BELOW). The range zone support of 66.88 refused to be broken, and the bulls took over to push the market up to the range zone resistance of 74.72.
Now, we need to see how the market behaves around this level, the psychological 75 barrier is just above, and there will be some resistance here as the market has not been above the 75 level in a couple of months.
Please do not forget to like, comment, and follow.
Thank you for your support.
BluetonaFX
Our range zone on USOIL worked exactly as predicted (LINK TO ORIGINAL IDEA BELOW). The range zone support of 66.88 refused to be broken, and the bulls took over to push the market up to the range zone resistance of 74.72.
Now, we need to see how the market behaves around this level, the psychological 75 barrier is just above, and there will be some resistance here as the market has not been above the 75 level in a couple of months.
Please do not forget to like, comment, and follow.
Thank you for your support.
BluetonaFX
