Let's be practical.
There's 2 ways this can go.
(refer back to my 19.4 update about the slip we see in the last few days)
1) Triangle consolidation since the peak of 128 back in March is with a 102.90 resistance level.
A breakout above with a daily candle close confirms up-trend breakout and 105, 108, 115 would be immediate possible targets.
2) A breakout...
Hey traders, in the coming week we are monitoring USOIL for a long term selling opportunity around 94 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
