USOIL LONG-TERM TOP DOWN ANALYSIS

١٢ أغسطس ٢٠٢٤

From our top down Analysis last month of June 8th 2024 I gave the overall market flow of the USOIL

you can the multiple head and shoulders pattern form signaling an end to the bullish trend form on a monthly timeframe. We might see further downside once this trend Retraced back into that yellow zone. Profit target $72 - 64/barrel