USOIL is heading to the 0.382 Fib. It's also a resistance there and it will reach the top of the channel.
That's will be a tricky point. If it breaks up, we may see $49 - $50.
If not, we may see $36, the bottom of the channel.
That's will be a tricky point. If it breaks up, we may see $49 - $50.
If not, we may see $36, the bottom of the channel.
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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.