After this significant uptrend, I preferred to wait for a reversal signal. I'll wait for the price to break out the demand below and if that happened I'll look for a price action setup to sell the USOIL. The target for this position will be demand 2 at the bottom. This position is relevant for intraday traders
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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.