Short USOIL after it pull back from 200days' MA
Updated
- As you can see, the USOIL-3.52% just pull back from 42.00 about 200 days' MA, I have opened my short order at 41.
- If the bearish candle can end up a entity, it will further confirm the bearish trend .
- Also, if the deaf cross of MACD is formed, it will be more authentic.
- Suggest: Short, and look to first target of 34.
Note
Just broke the resistance of 23.6%Note
Coming to the target.
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