USOIL is going up for a long time correction

Updated
USOIL is going up for a long time correction because of the price is facing strong support at 0.618 level
Note
snapshot
After retesting the 45.45 level,the price moved nicely
Note
snapshot
Note
snapshot
the uptrend still strong
Trade closed: target reached
close all of the long position above 51,in case of the quick drop
Note
snapshot
consider to short,but it is a short term trade,we can do it or not
the midterm trend has been turned,we can see the price move between 45-75 in this year
we will find a good place to put the long positon
Note
snapshot
Trend Analysis

Disclaimer