Is This Oil Fund is Drilling for Double Dip or what?
I changed my position on USO. I think it's going below last low and headed for a double-dip.
Big institutional players always want to take price to the next best liquidity and to me, the purple area I highlighted is the target.
There's going to be panic down there so the selling will be massive which of course best time to buy long
What do you think?
Big institutional players always want to take price to the next best liquidity and to me, the purple area I highlighted is the target.
There's going to be panic down there so the selling will be massive which of course best time to buy long
What do you think?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.