USOIL focuses on downtrend line
USOIL fluctuated downward, and the bear trend prevailed. At present, we are concerned about the resistance near the supply area and the downtrend line 85.2. If the rebound encounters resistance, we can consider shorting.
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.