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USOIL, What I'm still waiting for.

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USOIL / 4H

Hello traders, welcome back to another market breakdown.

USOIL is reversing from a Macro level and Macro reasons, I have spoken about a potential reverse once the OPEC started cutting production and the market opened with a Gap the day after due to Japon paying higher prices to Russia then Friday's close.

I'm still waiting for a deep pull-back at least to close the Gap, if the Gap doesn't close that's very bad news for any bear out there. This can lead to a measuring Gap.

Trade safely,
Trader leo

Feragatname

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