On the 4-hour chart, USOIL stabilized and rebounded, and the short-term bullish pattern was dominant. At present, we can pay attention to the area around 77.32. After reaching it, we can pay attention to the short-selling opportunities of the potential bearish bat pattern. If the resistance level of 78.25 is broken, the pattern will be declared a failure.
USOIL
SELl 77.32
TP 74.00
SL 78.25
USOIL
SELl 77.32
TP 74.00
SL 78.25
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.