USOIL undergoes a pull back after a consolidation of 13 weeks (see chart). The pull back is last 11 weeks now.
I have to say it is hard to trade currently. Buy the dip (around 42) might be a better suggestion.
Good luck for everyone!
I have to say it is hard to trade currently. Buy the dip (around 42) might be a better suggestion.
Good luck for everyone!
Trade active
Oil bounced from the buy zone.
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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.