Technical analysis about USOIL - Sep.20
- Strong resistance at 92-92.5
- Trend is so far and have got a reversal signal
Waiting a retest at the top and can sell it
Strong Support Line creating a Falling Wedge along with Double Bottom trend reversal indication.
There is a strong support line formed which market has failed to cross around 1.62077 and which also has been tested again before market close and has shown no indications of trend continuation on the downside.
Also,there is a strong indication of trend reversal...