USoil breaking the descending channel
oil is at the point where it can break the channel/descending trendline. we see that the buyers have jumped it below the 50$ per barrel and now pushing the price higher, this is an intraday position which we follow carefully with a proper risk management
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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.