Dear all,
USOIL is on a down trend channel since March, and it's seems that the borders are quite strong (even with the small break in the end of May)
I would advise you to go short now and aiming for a good profit down to the support at 42.3
If breakout outside the channel, and or above 47.20, the signal need to be invalidate.
Trade safe,
JP
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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.