FUNTRADER-Vera

0804 USOIL : still possible to test new low first

Short
TVC:USOIL   CFDs on WTI Crude Oil
USOIL seems having trouble to make a new high before a clear ABC wave is final finished.
The 4h chart is showing bear sign when oil tried to close the gap
This make it still moving beneath the blue trendline starting from the highest position and making 66-64.5 still possible for next week.

Less is more!
Comment:
That resistance zone is still valid.
Price did not pass it but drop down like waterfall.
Comment:
Comment:
USOIL has tested the first support zone .
And pls check our update idea on USOIL.
Comment:

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