My dear friends, I analysed this chart on USOIL, and concluded the following: The price is coiling around a solid key level - 80.27 Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 77.66
About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
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