radz-1

Are UpTrend really changing ?? USOIL 6th June 2022

Short
TVC:USOIL   CFDs on WTI Crude Oil
Price just create new Low after breaking SNR 118.6
Normally, price will retrace after break out and expected up to 118.92
Then continue to down to 116.75

SNR 116.75 should be the ending for retracement
However, anything can happen tonight
Once price manage to break SNR 116.75,
that means the direction of current trend just changing...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.