Where is your next destination USOIL ? 21st June 2022

21 Haz 2022

2 Days ago, price drop and break SNR 112.30

However, early yesterday market retrace and manage to break SNR 110.19
and start to create sideway between SNR 110.19 and SNR 118.63

Bullish Retracement still continue to 112.24

However, once price break SNR 118.63, that means retracement just over and price start to looking down

21 Haz 2022

Not

if u compare chart from USOIL with others WTI chart such as USOIL.F,
u will find that USOIL chart have big GAP at 150 pips at Open daily candle

This GAP will cause error in fibo calculation