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USOIL BREAKOUT ON CHANNEL INDICATING SELL-OFF

Corto
CFDs sobre petróleo crudo WTI (TVC:USOIL)  
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TVC:USOIL   CFDs sobre petróleo crudo WTI
Trend Analysis Chart Patterns Wave Analysis Crude Oil WTI Crude Oil Crude Oil Brent brentoil Commodities traderchamp WTI
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trendanalysis chartpattern waveanalysis usoil crudeoil ukoil brentoil commodities traderchamp wti
USOIL confirmed a bearish breakout on the bullish channel created under the daily timeframe today. Here I personally expect to see a strong selling back towards the bottom level of support while we have a resistance holding down the pressure on top close to $80. Here we are expecting bearish momentum to be built towards the $70-67 target region.

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