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USOIL SENDS CLEAR BEARISH SIGNALS|SHORT

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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 short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis usoil short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

USOIL pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 79.09 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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