When sideway will ended ?? USOIL n 8th June 2022

Last night, there was a bullish engulfing with 200 pips on bull candle
At the same time, Divergence appear to support the price to go higher high

However, it did not strong enough to break SNR 120.20
SNR 120.20 play very big role in order to change current downtrend to uptrend

As we can see, candle in a side way position between SNR 120.20 and SNR 118.00
Due to SNR 120.20 still not break, the trend still DOWN on the way back to 116.75

Chart PatternsTechnical IndicatorsTrend Analysis

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