USOIL Plan Week 4 August

The price closed within the downtrend channel last Friday, look at the green box is the support area, however we might be able to see it broken down this coming week. before doing that, a retracement should be happening before that.
Recommend entry: 54.90, TP1: 52.00, TP2: 51.00, SL: per your risk management.
Chart PatternsTrend Analysis

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