Get started
enzenator

USOIL - WAITING FOR THE LONG

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
enzenator Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Chart Patterns Crude Oil WTI usoillong usoilsetup
3
0
chartpattern usoil usoillong usoilsetup
USOIL is at a double bottom.
If we are to follow previous swings lower we can anticipate a little more downside to a stronger support.
Looking for the 1.272 reversal.
We are also right on a trend line connecting tops from the high in 2008. Price may bounce off this line or we could dip below.
Let's see.....

Comment:
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.