US Oil Structure
I expect Oil would continue its upward movement for a while, but i won't neglect two things, one is the left structure ( price has been reject several times), Two is price now near the upper line of a price channel. This is NOT to indicate we should short there because it's still early, we need more confirmations. but better keep cautious if you hold longs.
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.