Long USOIL in the parallel channel
In the past week, USOIL came to the bottom line of the down channel.
The price is falling, but the MACD is rising, so there is MACD divergence now.
By the end of this month, we may come back to 0.5 resistance level.
The price is falling, but the MACD is rising, so there is MACD divergence now.
By the end of this month, we may come back to 0.5 resistance level.
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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.