USOIL - BEARISH Tendency

Generally, the direction is a downtrend

Uptrend Side: The uptrend will remain active if the price rises and stabilizes above 71.78, particularly above 73.59 and 75.47.

Downtrend Side: As long as the price trades below 71.78, it is likely to fall towards the support level of 69.96. To confirm the bearish trend, the price must break this level by closing a 1D candle, which would then target 68.64 and 66.96.

Tendency Keys: 71.78
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