USOIL Set To Fall! SELL!

387
snapshot

My dear friends,
Please, find my technical outlook for USOIL below:
The price is coiling around a solid key level - 61.43
Bias - Bearish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 60.40

About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK

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