I would SELL
USOIL 1H Technical analysis.
I think Oil will only fall for a while.
Price action are not showing any signs of Buy for now.
There could be slow movement because price is between two strong zones.
But any how.. Price should move down to this support zone, break it and move more down.
When this zone will be broken then movements will be bigger.
I think Oil will only fall for a while.
Price action are not showing any signs of Buy for now.
There could be slow movement because price is between two strong zones.
But any how.. Price should move down to this support zone, break it and move more down.
When this zone will be broken then movements will be bigger.
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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.