WeeklyTrader

Long USOIL in the parallel channel

Long
FX:USOIL   CFDs on Crude Oil (WTI)
3
In the past week, USOIL came to the bottom line of the down channel.
The price is falling, but the MACD is rising, so there is MACD divergence now.
By the end of this month, we may come back to 0.5 resistance level.
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