Short it
USOIL is going to be hammered down
It is facing several resistances at this level.
Trendline acting as the major resistance
0.618 fib level of previous drop lies inside the box
Third wave(current wave) has reached 161% of the first wave.
Direct Bearish Divergence
Place Sell order @69-72
Stoploss 77
It is facing several resistances at this level.
Trendline acting as the major resistance
0.618 fib level of previous drop lies inside the box
Third wave(current wave) has reached 161% of the first wave.
Direct Bearish Divergence
Place Sell order @69-72
Stoploss 77
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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.