Trend Continue To Bearish USOIL on 1st June 2022

Updated
Bullish Retracement just complete fibo at 261.8
Now it's time to continue Bearish Trend
However, there are 3 SNR must be break out in order to go down
1) 116.14
2) 115.91
3) 115.67

As we know, every movement up or down will follow by retracement
So, the breakout down must happen before price start to retrace

if failed to break these price, retracement become trend


Note
Now waiting for Divergence before SHORT via Stochastic
Note
Divergence already appear
Then follow by Bearish Engulfing

Next price target is 113.71
Note
already at price target
Trend Analysis

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