USOIL -- Long or Short?
If the price breaks above the formation then we can expect the target of 79.5, if it breaks below the formation then we can expect the crude to come down to 77. Even the inventory released yesterday is negative for USOIL. Let's see how it goes. Maintain strict SL as it may go sideways too.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.