As you see P&F chart on the right. USOIL is bullish . Price can reach 85.5-86.6 as our estimating targets. We'd like to see price going up to grab liquidity above previous highs. Now, we're still holding long positions. If we have a distribution, we can think about selling USOIL after that.
If you find the article useful or interesting, Let's comment below ! ------------------------------------------ Notes on using this USOIL trading idea This is ONLYGOLD team's idea and analysis. Let's see it as an example or a reference. You also need your own analysis as well and manage risks.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.