USOIL Post Impulsive Wave Pull Back

In the monthly chart note the reversed H&S pattern --- We broke the neckline sending price upwards.

After the move upward we seem to be testing top channel trend. (Right Chart - Magenta Dashed Line)

Im anticipating in a fibonacci retracment to key levels. (38.2 - 61.8)

Market Outlook: Bullish

Will Update