Zivul33

US OIL analysis

Short
Zivul33 Updated   
AMEX:USO   United States Oil Fund
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...
Trade closed: stop reached

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