FX:USOIL Crude Oil (WTI)
USOIL has dropped significantly and hit a major point if resistance with a quick bounce and re-test of the previous lower channel TL. If PA can break the support line, we could see a further move down to the 272 extension.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.