🛢️ USOIL Has No Chance of Declines 🛢️

🛢️ USOIL Has No Chance of Declines

🛢️ Nearest strong support zone: around the fibo levels of the 0.382 rising wave.

🛢️ Nearest strong resistance zone: around local peaks.

🛢️ Technical environment:

📊 Moving averages: Uptrend

📊 MACD: Downtrend

📊 RSI: Uptrend

🛢️ Price action: USOIL for another day in a row is holding around $79 per barrel looking by the last candle which is a candlestick formation called "hammer" combined with the overall view of the market, I expect the increases to continue in the coming days/weeks.

📈 The scenario I am playing out is the continuation of the increases. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

🚀 If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. 🚀