USOIL Technical Analysis! SELL!
My dear subscribers,
I analysed this chart on USOIL, and concluded the following:
The asset is approaching an important pivot point 67.94
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 64.83
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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