USOIL reached a peak of 93.000 last week, and the trading strategy this week is still long. First of all, it has experienced two declines and is now hovering around 91.100. My suggestion is to enter the market now and take profit at 91.800. Stop loss 90.700. Good luck and happy trading.
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Although I don't think global oil prices will fall again. I believe crude oil prices could easily rise on news of Russian export cuts.
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USOIL is still rising and moving in the direction I expected.
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It is still rising and will soon reach the profit stop point, as I expected.