TunkuLuqman

Today USOIL Analysis - Part 1 : Trend

Short
TVC:USOIL   CFDs on WTI Crude Oil
USOIL
Before jump into the market.
First step of market analysis is to check the trend.
Using Day 1 chart.

RSI entering oversold area but not yet crossing.
The market also reached the support line as expected.
So then there is still space to go more deeper.
If market break the support line, i will consider that trend will change.

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