USOIL retested broken downtrendline
then rebounded with strong bullish movement
USOIL is supported above key level at 40.00
Price broke congestion area
Above HVN at level 39.11
Above SMA 100
RSI is above level 50
It's expected forming Elliot bullish wave (5) to target level 44.00
then rebounded with strong bullish movement
USOIL is supported above key level at 40.00
Price broke congestion area
Above HVN at level 39.11
Above SMA 100
RSI is above level 50
It's expected forming Elliot bullish wave (5) to target level 44.00
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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.