Don't miss the great buy opportunity in USOIL

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (56.22). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USOIL is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.

Take Profits:
TP1= @ 58.00
TP2= @ 60.95
TP3= @ 66.57

SL= Break below S2
bigprofitChart PatternsTechnical IndicatorsOilTrend AnalysisCrude Oil WTIwesttexasoilWTI

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