USOIL has also experienced a strong uptrend recently, driven by news events. However, as we all know, "what goes up must come down"—even in a one-sided market, technical corrections are inevitable. Right now, we are seeing a perfect opportunity for a pullback-based short trade after the sharp rally.
Trading Recommendation:
📉 Sell in the 71.6-72 range
Trading Recommendation:
📉 Sell in the 71.6-72 range
Trade active
The price goes down, sell to make a profit, close the order, keep following, and wait for new trading opportunities tomorrow
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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.
Related publications
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.