Hello and welcome here, followers and newcomers!
As many ideas I posted here these last weeks, USOIL gets often in triangles and goes sideways before finding its own direction for 100 pips / 300 pips (Example : $39.00 on September 8th to $36.00 at the end of the same day!)
Sometimes there are fake dropout or fake up-going spikes, you need to be careful about those as it could never come back again for you to close it without losing any money. (Going up or down 20/30 pips then recovering)
Happy trading is a safe trading with your risk managed!
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