WTI CRUDE OIL(USOIL): Classic Gap Trade

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I see a nice gap down on USOIL, with a strong possibility that the gap will be filled soon.

The price approached an important support level and showed signs of a potential bullish signal.

I also observed a breakout of the neckline of an ascending triangle pattern on the hourly chart.

It is likely that USOIL will continue to rise and reach the 57.7 level in the near future.

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