Description
⋅ 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.