USOIL is trading above bullish trend line on 4 hr and daily timeframe. A head & Shoulder pattern appeared at recent high level with bearish divergence on both 4 hr and daily time frame. after completing H&S pattern, USOIL breached bullish trend line and now is trading below this line. if bears get strength in coming days then there is possibility that it may go down up to 73.35 level.
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TP Hit