USOIL has formed a bearish trend i.e. a series of lower highs and lower lows. There is no divergence indication yet therefore we can assume that trend will continue. A harmonics pattern AB=CD also signals towards further bearish trend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.