USOIL Shorting opportunity
For USOIL, on the Daily timeframe Rsi is stupidly over bought. The way I see it, price is more likely to pull back this week as it's been consolidating for the past 3 days. If it breaks below 72.00 Further downside is expected.
Trade closed: target reached
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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.