USOil Correction on Cards!!

401
USOil has potentially run its course for the current upmove and would give a correction from here.. Based on the last Candle Stick pattern around the targets of 62/63 suggests the correction might get started from here. If it were to be true then the targets for the down move would be around 40. I would go short at the current price with small stoploss around 65.5 with targets around 42. Its a nice risk reward trade if it works out as forecasted.

Happy Trading!!

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.