Crude Oil The Target is DOWN! Sell!
My dear followers,
This is my opinion on the USOIL next move:
The price is coiling around a solid key level - 74.0.
Bias - Bearish.
Technical Indicators: Pivot Points (High/Low) anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Target - 71.6
Recommended Stop Loss - 75.0
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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