USOIL may have another retracement below supply zone
We made a long trade at the retracement last Friday and target reached at 56.72.
Today the USOIL might have another retracement to 55.93, plus the High of 1,2 and 3 are not so obvious,
AND they're all below the supply zone with resistance of 56.72.
So, a short trade is actually reasonable.
Today the USOIL might have another retracement to 55.93, plus the High of 1,2 and 3 are not so obvious,
AND they're all below the supply zone with resistance of 56.72.
So, a short trade is actually reasonable.
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