USOIL Will Collapse! SELL!
My dear subscribers,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 71.12 pivot level.
Bias - Bearish
My Stop Loss - 71.78
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 69.89
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
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