USOIL has been in a downtrend.
With this trendline forming and the price nearing the trendline, we can look for potential sells.
The price has been resisting the 68.00 area, we can wait and see how it reacts to the trendline.
potential sells if we can see a good rejection from the trendline as well as the resistance zone. A good target would be near the 65.00 price area.
With this trendline forming and the price nearing the trendline, we can look for potential sells.
The price has been resisting the 68.00 area, we can wait and see how it reacts to the trendline.
potential sells if we can see a good rejection from the trendline as well as the resistance zone. A good target would be near the 65.00 price area.
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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.
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.