On higher timeframe chart of oil , we keep the idea that USOIL will rise up to the highest red for a long time. But it seems really hard to make it happen in 2019.
Now this triangle is showing a possiblity of breakthrough for higher high in Dec. This blue arrow is a weaker one to go.
In December, we would love to see a uptrend trend for oil to go, considering seasonable reasons and the coming OPEC meeting.