My dear subscribers, I analysed this chart on USOIL, and concluded the following: The asset is approaching an important pivot point 77.11 Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Target - 73.00 Recommended Stop Loss - 79.41
About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK