My dear subscribers, I analysed this chart on USOIL, and concluded the following: The instrument tests an important psychological level 72.66 Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 69.17 My Stop Loss - 74.47
About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK