USOIL: The structure exhibits a bearish trend on lower time frames (LTF). Price has retraced to a critical decision point, marking a pivotal juncture. With the market transitioning into a bearish environment, I anticipate further downward pressure, as delineated on the accompanying chart.
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.