USOIL: Good to go long?

Updated
Hello Guys, If you take a look at the USOIL you will see a nice channel is under formation! and we likely to have a move up! If price break the bottom trendline then we we'll wait until we get clear picture. we likely to see some further fall before it gets some solid support.

Have a good day!
GoodLuck!
Note
After a nice move towards up! Currently resisting at $51 area. snapshot
Note
Hit the 1st target. Now.. snapshot

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