expected to arrive in Japan in early October, in what could
be the last purchase of Iranian oil before the U.S.
sanctions snap back in early November.
Saudi Arabia wants $100 oil and Donald Trump might help
them achieve that goal by starting sanctions of Iranian in early November.
Back to this chart,this is only R/S analysis.
USOIL has made its first support position on 67.
As long as 69 is confirmed as another support, it will retest
72 -73.5 again soon.
Technically, 78 is not impossible in the near months.
So before making 100 happens, moving between 67-78 is
more reasonable in the very near future.
Less is more!
EN: 68.70 OR CURRENT PRICE
SL: 67.80 ( 90 PIPS)
TP1: 70.60 (190 PIPS, RR>1)
TP2: 72.10 (340 PIPS)
TP3: 73.30 (460 PIPS)
Now tp1 hit with 190 pips.