Today USOIL Analysis- Part 2 : Current Direction

3 Eki 2017

USOIL

Second step of market analysis is to understand current market direction.
Where there market heading for, upside or downside.

Using 4 Hours Chart
You need to master Resistance and Support line to understand where the market want to go.
At this moment, with RSI crossing.
We waiting candle close below 50.08 ( break support line)
If that happen, we consider that market try to find another support line which is 49.67