radz-1

Retracement or Continue Bullish USOIL on 27th May 2020

radz-1 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Yesterday retracement down stop at 113.75
This morning, new engulfing candle on create new Resistance price at 114.33

If candle manage break yesterday Support at 113.75, price may down to 113.01

If candle reverse and break Resistance 114.33, Bullish still strong
Trade active:
Currently, candle still not manage to break 114.33
However, base on Stochastic, it's already create Divergence and follow by 2 candle bear...
The pressure to turn the price down is very high
The best idea to Short is waiting candle to break support 113.75 or just place STOP Order at 113.75
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