USOIL Will Collapse! SELL!
My dear friends,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 86.67 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear V signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 84.99
Recommended Stop Loss - 87.55
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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