juicyjeff420
Long

USO hourly RSI double backed on support to go long

AMEX:USO   UNITED STATES OIL FUND
14 0 1
Notice the horizontal RSI trend line , has been resistance since november, and it broke, so it's now support. If this support doesn't hold, which there's a chance it may not since it's overbought, the RSI will reach the diagonal RSI bull trend. This one has a very high probability of holding because it matches the price action's up trend.
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