sennaMC

USOIL looking for long as weekly chart

Long
TVC:USOIL   CFDs on WTI Crude Oil
Based on weekly chart, it has broken the downtrend channel since last few weeks.
It seems retesting the line now. lets see if this week candle closes above or below the line. (personally I would predict it closes above)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.