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CFDs on WTI Crude Oil
Short

USOIL SHORT FROM RESISTANCE

By EliteTradingSignals
Updated
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Hello,Friends!

The BB upper band is nearby so USOIL is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 77.07.

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We are seeing a good move already so we will keep the trade running!
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Bearish PatternsChart PatternsforecastForexSELLshorttecnhicalanalysistradingTrend AnalysisCrude Oil WTIWave Analysis
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