USOIL had a lovely bounce based on the news off the 0.786 Fib Retracement on the Weekly timeframe and Range Low.
Daily timeframe was printing a oversold signal.
Currently holding the 0.618, if this holds could be good for continuation.
Daily timeframe was printing a oversold signal.
Currently holding the 0.618, if this holds could be good for continuation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.