coolbouy

USOIL / Crude Oil - Bearish Trend is expected this week

Short
TVC:USOIL   CFDs on WTI Crude Oil
USOIL has tested the resistance and now ready to fall back to 75 to 80 levels.
Fib level tested at 0.382
Heikin Ashi is indicating a down trend

Trade Setup:
Short Oil from Current Price
TP1 80
TP2 75
SL 88

Good Luck to all Oil traders.
I will update the analysis once there is significant price movement.

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