SroshMayi

USOIL (Parallel channel)

Long
SroshMayi Updated   
TVC:USOIL   CFDs on WTI Crude Oil
USOIL outlook

The price will trade inside the channel,
so depending on the parallel channel should continue on the bullish trend till 76.44
72.87 is a pivot line, as long as trades above it, it means the next station will be 75.48 and 76.44 as a bullish target
Otherwise, breaking the channel in the lower side, means will reach 69.78

Pivot line: 73.25
resistance line: 75.43 & 76.44 & 78.90
Support Line: 72.87 & 71.20 & 69.78

The expected trading range for today is between support 72.87 and Resistance 76.44

Tendency: Uptrend
Comment:
still running to get the targets we mentioned above


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