As seen on Latest Trend of Bearish on USOIL, it show a Bearish continuation pattern, but in my opinion, this trend will sure hit the bottom deck of it. soon...
In my "Prediction" the price action will push to resistance point on 47.00 , if break is seen here, it show the possibility of bullish, on 45.75-46.00 if its break below, then the bullish is false. but if it's bouncing, its sure bullish.
i only take on technical analysis here, so without fundamental and sentiment, its just pure price action SnD.
so if there are any false "prediction", please put comment so i can correct my method of analysis.
FYI i only just put one analysis today in tradingview, and this is the first education type of idea.
again, this is just "prediction", it could be wrong, but who know if it's right?
In my "Prediction" the price action will push to resistance point on 47.00 , if break is seen here, it show the possibility of bullish, on 45.75-46.00 if its break below, then the bullish is false. but if it's bouncing, its sure bullish.
i only take on technical analysis here, so without fundamental and sentiment, its just pure price action SnD.
so if there are any false "prediction", please put comment so i can correct my method of analysis.
FYI i only just put one analysis today in tradingview, and this is the first education type of idea.
again, this is just "prediction", it could be wrong, but who know if it's right?