USOIL - WAITING FOR THE LONG
USOIL is at a double bottom.
If we are to follow previous swings lower we can anticipate a little more downside to a stronger support.
Looking for the 1.272 reversal.
We are also right on a trend line connecting tops from the high in 2008. Price may bounce off this line or we could dip below.
Let's see.....
If we are to follow previous swings lower we can anticipate a little more downside to a stronger support.
Looking for the 1.272 reversal.
We are also right on a trend line connecting tops from the high in 2008. Price may bounce off this line or we could dip below.
Let's see.....
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