USOIL Short Trade
PA is slowly moving up to re-test previous highs, but we are about to run into a lot of key resistance levels. I'm expecting a potential bounce at around the 50.15 level, but a much more likely bounce off the 50.85 level. Depending on the power of the bounce, I could see a potential drop down to near 47.45 to test prior lows.
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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.