Hello traders, from the monthly timeframe, the usoil broke out of trendline, retested and continued to the upside. We have a minor resistance but still spotted wick rejections below the daily bullish candle this implies that the buying pressure is high. Only look out for buying opportunities.
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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.