usoil is stuck in the daily range and there is a possibility of breaking one of the lines.
up or down? I am with down, as I've published before and probably you saw it (don't mind if you haven't check the links) , but we cannot predict exactly what happen therefore I recommend you be ready for both break up or down!
but if the price breaks down the line of range I consider more target for that, as you can see on the chart!
target for long position: $89
targets for short position:
$66.5 $61.6
always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
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.