USOIL has a broken channel on the recent high position.
We would love to price of oil to retest the highest high again or break it through if there is any foundamental issues to push it happen.
On the left 4h chart, usoil probably going to have a flat five-wave corrective wave to go.
So you shoul be careful the bottom 3 or 5 position where could probably a good position to open a long trade looking for 66 as target.
LESS IS MORE!
We would love to price of oil to retest the highest high again or break it through if there is any foundamental issues to push it happen.
On the left 4h chart, usoil probably going to have a flat five-wave corrective wave to go.
So you shoul be careful the bottom 3 or 5 position where could probably a good position to open a long trade looking for 66 as target.
LESS IS MORE!
