SroshMayi

USOIL (HUGE CORRECTION...)

Short
TVC:USOIL   CFDs on WTI Crude Oil
The price reached the target we mentioned in the previous idea.
the price will try to stabilize at the bearish trend for today to test 75.35, but it is possible to touch 78.91 and then start dropping

and the reason for the strong movement is CPI which will come Today

Pivot line: 77.90
resistance line: 78.90 & 79.90 & 81.80
Support Line: 75.92 & 74.39 & 72.87

The expected trading range for today is between support 75.35 and Resistance 78.90

Tendency: Inclined Downtrend

previous idea:

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