1207 USOIL worries of economic decline is still leading OIL down
Hello traders,
USOIL did not get any chance to get back higher position.
Instead, worries of economic decline is still leading OIL down.
On 4h chart, it makes ABC wave up first but now is in a new ABC wave down. That makes a bearish bowl to us.
90 is the nearest target for my selling order.
GOOD LUCK !!!
LESS IS MORE!
USOIL did not get any chance to get back higher position.
Instead, worries of economic decline is still leading OIL down.
On 4h chart, it makes ABC wave up first but now is in a new ABC wave down. That makes a bearish bowl to us.
90 is the nearest target for my selling order.
GOOD LUCK !!!
LESS IS MORE!
Check the new idea later.