USOIL Daily Chart
Based of my technical analysis the bulls had broke the bears trendline recently. After the break I pulled out my fibs to measure price and seen that price retraced to the 50% level .. which is a strong trend signal. I also used my fib extension to see where take profit would be. Overall price will be in a long term buy until it hit the last TP that’s around 61.00. Please like and follow to support
Based of my technical analysis the bulls had broke the bears trendline recently. After the break I pulled out my fibs to measure price and seen that price retraced to the 50% level .. which is a strong trend signal. I also used my fib extension to see where take profit would be. Overall price will be in a long term buy until it hit the last TP that’s around 61.00. Please like and follow to support