TamirHa

USOIL - Update

FX:USOIL   Crude Oil (WTI)
161 0 6
USOIL             hasn't have a weekly close above 50$ for over a year
after some fundomental news and what looks like inverse H&S
if in the next week price will manage to close above 50$ and retest 49.5 area oil             could make a fast move to 60
in case of a fail to close above 50 in the next 2 weeks i see price retesting 42-40 area
on watch list!
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