USOIL Long

Updated
After breaking past the recent consolidation phase, USOIL printed a higher low towards day close, expecting USOIL to break yesterday's high of 70.4$ today.
First Target : OB near 71$
Second Target : 71.5$
and break of these 2 targets would accelerate the price towards 72.8$ levels.

Happy Trading!


NB: Not a financial advise, only for educational purpose only.
Trade active
Massive short covering rally expected!
Trade closed: target reached
Next couple of hours could be pivotal for Crude oil as the fight is getting stronger between bulls and bears. Price has just swept previous day low and preparing for upside, expecting 71$ to breach today
Trend Analysis

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