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EliteTradingSignals

USOIL BEST PLACE TO SELL FROM|SHORT

Short
CFD Petrolio WTI (TVC:USOIL)  
EliteTradingSignals  
TVC:USOIL   CFD Petrolio WTI
Trend Analysis Chart Patterns Wave Analysis Crude Oil WTI short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

USOIL pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 79.92 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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