USOIL - BEARISH TREND

Actualizado
Generally, the Direction: is a bearish trend

Downtrend Side: As we mentioned in our previous idea, the price failed and reached our target. Currently, the price is in the correction process toward around 76.98, then will fall to stabilize under 76.16, below this level, it will touch 74.72.

Uptrend Side: reversing and reaching above 78.07, and it looks like it will rise to touch the 78.97 level; any breaking above this level will result in a rise to 79.88.

Tendency Keys: 76.98
Operación cerrada: objetivo alcanzado
Nota
In our analysis, we predicted that the price would rise to make a correction before starting to fall. Currently, the price is attempting to reach the level of 77.67. If it closes the 1-hour candle below this level, it is likely to reach 76.98. imagen
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