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USOIL hitting demand zone with a great risk-reward ratio.
small correction today
sell on a break of upward resistance line,
long-term expected range until a clear breakout happens. look for continuation/reversal signals on a smaller timeframe.
don't forget a stop-loss and good luck.
long at 2650 if MACD & RSI touches trendline and shows a divergence & a continuation pattern on a smaller timeframe.
stop-loss 2628 and take profit on the levels 2715 --> 2770--> 2820.
multiple ideas on chart.
multiple indications for long. we have or may have bottomed this year and going up for the requested demand for summer. always set a SL and goodluck.
long term technical view. Long/short the breakouts after the consolidation.