USOIL Short-Term Ad-Hoc Idea (Short)
This is an ad-hoc follow-up to my previous idea on the USOIL Long which was successfully resolved.
Bears are looking for reaching 69.96-70.20 area here. Let's see how it unfolds.
Bears are looking for reaching 69.96-70.20 area here. Let's see how it unfolds.
Note
A little update here, WTI has touched 74.50 major resistance area and proceed downwards in this pennant, which might resolve to 72.50 in upcoming session.
Trade closed: target reached
Target Reached.
The
USOIL is having a great bear momentum. 
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Disclaimer
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.