There are few confusions with this chart but technically USOil shows us a bullish movement.

If you see the last candle was ended up as a pin bar and it has good support which is showing us a bullish signal. Look at one more thing closely (Yellow & green squares), we have got 4 bearish candles and each time we get consecutive 3 or more bearish candle price move higher from the support which you can see clearly from the Support trend line (B).

Note: Trade at your own risk and this analysis is without any fundamental.

Like & Comment on us.

Follow us on Telegram - @theturningpoint
Chart PatternsForexforextradingTechnical IndicatorsTrend AnalysisCrude Oil WTIusoilanalysisusoillongwticrude

และใน:

คำจำกัดสิทธิ์ความรับผิดชอบ