USOIL made a good rally up after making a 1,5 year low of 42.35. How ever I expect a small drop to around the Uptrend line. If the Uptrend line won't be broken we could see another pump to the Resistance level of ~54,20.
To be updated
To be updated
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Small pullback could be starting to play out from this level. Support zone is ~50-50,20
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There is the pullback, first Resistance of 52,20 target.
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We're in a bullish wedge atm with expectations to move up higher after a breakout of the wedge.
We're in a bullish wedge atm with expectations to move up higher after a breakout of the wedge.