USOIL Plausible price actio

١٤ أبريل ٢٠١٨

The pair is most probably following an Elliott wave. According to the Fib Retrace line the next wave should end somewhere around 1.61. The RSI stays above .50 which is a bullish sign and in reality there is no clear reason for a bear move.
*Disclaimer: this is for educational purposes only*