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Bearish trend on USOIL, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 74.17.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
Bearish PatternsChart PatternsforecastForexSELLshorttecnhicalanalysistradingTrend AnalysisCrude Oil WTIWave Analysis

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