Anbat

USOIL- Short Until $43- Then Long Until $48

TVC:USOIL   CFDs on WTI Crude Oil
11
Shhhhhhhhhhhh, I think I have figured out USOIL for now, or it could be only ME. From March until now, USOIL has dropped $8.00, then retraced back up $5.00 in two cycles noted on chart. The third $8 dollar drop is going on right now will be done at $43.00 (last support was $43.00 in November 2016), then back up to $48.00. I believe if this pattern noted on chart holds up that you CAN TAKE ADVANTAGE of this in your trading for next two weeks. I purposely, kept this chart naked, so you could see PRICE ACTION only. Blue lines are resistance and support areas on chart every $2.00 (FYI).*Always look left on charts.
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