USOILI have identified two price targets.
Naturally, the T2 depends on T1.
T2 IS invalidated if Price breaks above 76.88.
Both are pretty wide at this time and will be narrowed up with future price action.
I have no timeline for these price targets. It could be years.
Trade active
Not shown on the chart is a .618 Fib retracement level at $45.40. With this price breakdown, we could test that level.
Trade active
T1 target hit.Trade active
T2 Target hit
Trent Klarenbach
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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.
Trent Klarenbach
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.