Don't miss the great sell opportunity in USOIL

29 set 2020

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (39.82). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USOIL is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.

Take Profits:
TP1= @ 38.55
TP2= @ 37.25
TP3= @ 36.40
TP4= @ 34.70
TP5= @ 33.50

SL: Break Above R3

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