Financexclusive

USOIL making a DB (double Bottom)

Long
TVC:USOIL   CFDs on WTI Crude Oil
USOIL is making a double bottom pattern at $49.50-$50.00 level which currently plays as support. The attitude of the Russians about the OPEC will probably give some direction.
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.