True, this is a signal that goes against the current trend and therefore the risk is higher but the above support line $ 50.8 cannot be ignored.
The RSI has reached the bottom possible, a necessary price correction.
Stochastic shows that USOIL in Oversold.
Target: $ 54
In case of break of the above support line the signal is canceled.
The RSI has reached the bottom possible, a necessary price correction.
Stochastic shows that USOIL in Oversold.
Target: $ 54
In case of break of the above support line the signal is canceled.
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