2609 USOIL down to where for a correction

Hello traders,

USOIL seems hard to push for a new high before a correction.

Check the weekly outlook, it is going to reach the low of last week.

Breaking through it will make it possible to reach the bottom FIBO ext 1.414-1.618 position where we were expecting with little chance.

GOOD LUCK ON LOOKING FOR ENTRY TO SELL.
LESS IS MORE!

评论:

Low of last week become a strong support for usoil.
Usoil did not break through it.
So the lower fibo ext positions are now not considered.