JUST AN ANALYSIS
USOIL IS ON A DOWNTREND ON DAILY,WEEKLY TIMEFRAME.
BUT SEEMS TO BE ON AN UPTREND ON 15MIN TIMEFRAME, WHICH IT MIGHT NOT SUSTAIN.
IT MIGHT RISE UPTIL THE TREND LINE SHOWN BY GREEN ARROW AND THEN SHOW SOME CONSOLIDATION.
ONCE IT FALLS BELOW THE TREND LINE SHOWN BY RED ARROW,IT MIGHT SEE A DEEP FALL BACK.
USOIL IS ON A DOWNTREND ON DAILY,WEEKLY TIMEFRAME.
BUT SEEMS TO BE ON AN UPTREND ON 15MIN TIMEFRAME, WHICH IT MIGHT NOT SUSTAIN.
IT MIGHT RISE UPTIL THE TREND LINE SHOWN BY GREEN ARROW AND THEN SHOW SOME CONSOLIDATION.
ONCE IT FALLS BELOW THE TREND LINE SHOWN BY RED ARROW,IT MIGHT SEE A DEEP FALL BACK.