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USOIL BEARISH BIAS RIGHT NOW| SHORT

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CFDs på WTI råolja (TVC:USOIL)  
EliteTradingSignals Uppdaterad   
TVC:USOIL   CFDs på WTI råolja
Trend Analysis Chart Patterns Wave Analysis Crude Oil WTI short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

USOIL pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 77.06 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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