USOIL analysis
As you can see (Green arrows pointing downward) the market has been deviated from my previous prediction of a decrease in price for the OIL (No one is safe from market's surprises :D ). The trend line for upward movement, although present, should not be considered valid as it has been touched twice and should be further monitored before utilization in analysis. However, if the price were to surpass the resistance line at 81.66, it is highly likely for the price to reach a potential target of around 93.00. As the market is currently in a state of flux, it is advised to wait for either a confirmation of upward movement or the formation of a valid triangle before making any trades.
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