XTrendSpeed

USOIL will continue to fall

Short
TVC:USOIL   CFDs on WTI Crude Oil
USOIL fluctuates downward in the short term, and the bearish trend is dominant. At present, you can pay attention to the resistance around 78.5. If you encounter resistance in the rebound, you can consider shorting. The downside target is around 72.6. If the price breaks through the 80.0 mark resistance, it will start an upward movement.

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.