USOIL A Fall Expected! SELL!

20 באפר׳ 2023

My dear subscribers,
I analysed this chart on USOIL, and concluded the following:
The asset is approaching an important pivot point 77.11
Bias - Bearish

Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Target - 73.00
Recommended Stop Loss - 79.41

About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK