US oil can make a bearish swing as its shows weakness at its long-term resistance here labeled as R1.
The overall structure is a bearish Gartley pattern.
This can be a risky setup as the overall structure of DXY is bearish in the mid and long term.
The last time we traded USO...
The overall structure is a bearish Gartley pattern.
This can be a risky setup as the overall structure of DXY is bearish in the mid and long term.
The last time we traded USO...
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