USOIL is developing cypher pattern very accordingly for bullish trend continuation to upside. As it reaches the targeted area we are anticipating for the bears domination back within the market. Also there is very important factor, if OPEC could stabilize the oil market and prices then trend will keep continuing to upside & we can witness oil price ranging between $50-55 or even $60 but if not, and the oil market was surrounded with turmoil, uncertainties and concerns of supply then we will trade USOIL back to the down Side for targeted prices.
Trade with proper money management!
Trade with proper money management!