We had a nice pullback in USOIL and price action now is clearly showing bullish trend continuation. Though this market seems overstretched, bulls are jumping on any chance they get to buy the dips. USOIL is seemingly going to test 7250 before any significant break.
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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.