USOIL : Full analysis

Hello friends


Well, considering the sharp decline we had, the price has entered a descending channel and is slowly going down in this channel.

Now the price has reached a critical point, namely the bottom of the channel.

We need to see if buyers will support the price at the bottom of the channel like the previous two times or not?

If we do not see support from buyers and the channel is broken, we can expect lower prices.
56.30 and 53 dollars respectively.

But we will most likely see buyers' support in this area and the price could even reach the channel ceiling.

*Trade safely with us*