Mulai
hungnguyensi2002

Short opportunities for USOIL

Penjualan
CFD pada Minyak Mentah WTI (TVC:USOIL)  
hungnguyensi2002  
TVC:USOIL   CFD pada Minyak Mentah WTI
Wave Analysis
7
3
waveanalysis
USOIL may offer short opportunities as it could form an ABC correction pattern. This is in line with the expectation that the Baker Hughes US oil rig count will stop decreasing, as it will be announced today. The rig count has dropped significantly since April 2023, which has reduced oil production and increased oil price. A reversal in the rig count trend could create bearish pressure on USOIL price.

Entry: 83.00
TP: 77.43
SL: 83.47
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