USOIL just tried to breach the 0.786 retracement twice and failed, making a double top. MACD also converging, looks like now is the time for a reversal.
USOIL is about to revisit the lower trend line, but will it bounce or break? You know what to do either way.
Friday's daily candle saw a close below a significant trendline, looking for a short entry in the next 24 hours or so. Please share your thoughts in the comments!
Very strong trend lines converging, looking for long or short opportunity in the next few hours. Any comments on which way it will go are appreciated :)