USOIL just pierced through support area around 44.50 and is now heading towards next support, which is roughly close to 43.00 (previous lows from April and May 2016). When the price enters this area, I'll be looking for signs of reversal and try to enter long there.
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USOIL went down according to plan and faces some resistance atm, so I'll be monitoring it closely and look for some entry setup.