InvestMate|USOIL However, declines🛢️

🛢️USOIL However, declines

🛢️After breaking through a strong support zone which has turned into a resistance zone, all indications are that we are heading towards the support zone marked on the chart.

🛢️The resistance zone above us was determined by a cluster of two fibo levels. The first is 0.382 of the entire upward wave from the bottom of the covid to the peak of 2022. The second level is 0.5 of the entire upward wave from the bottom of 1986 to the peak of 2008.

🛢️The support zone was determined by a cluster of two fibo levels. The first is the 0.5 level of the entire upward wave from the bottom of the covid to the peak of 2022. The second is the 0.618 level from the bottom of 1986 to the peak of 2008.

🛢️This is where I expect the price to arrive.

🛢️The scenario I'm playing out is a continuation of the decline to the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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