Hi Traders,
USOIL has been developing bearish price action recently which we were expecting a drop from the upper boundary of the HTF. As we know in trading, the market changes very quickly which we need to adapt our minds to look for all possibilities and looking at the current developement in price action, we can see price moving within a decending channel with a double bottom to push the price up one more time to around 98.0 or even 100.0 range.
Whats your view on USOIL? Leave a comment below and let's talk about it.
Click the like button if you agree!
USOIL has been developing bearish price action recently which we were expecting a drop from the upper boundary of the HTF. As we know in trading, the market changes very quickly which we need to adapt our minds to look for all possibilities and looking at the current developement in price action, we can see price moving within a decending channel with a double bottom to push the price up one more time to around 98.0 or even 100.0 range.
Whats your view on USOIL? Leave a comment below and let's talk about it.
Click the like button if you agree!
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