InvestMate|USOIL Attention we are falling!🛢️

🛢️USOIL Attention we are falling!

🛢️ So we are falling after all.

🛢️I took this scenario into consideration looking at the length of the current trend. But I thought that a correction at the double bottom could occur.

🛢️This time I will give you my downward scenario for usoil.

🛢️The support zone to which the price could go is a cluster of two levels. 1.272 of the last upward correction and the 0.886 level of the entire upward wave visible on the chart.

🛢️I determined the resistance zone based on the 0.618 level of the last upward correction and this was the zone where the price found resistance and support in the past.

🛢️The scenario I am playing out is a continuation of declines to the support zone with consideration of smaller corrections along the way

🛢️*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario.

🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀