USOIL - Breakout and Retest
Oil has been in a descending channel for a little while. It looks like price broke out of the channel and now making support at lower 52's. Could this be a breakout and retest for a potential upside move?
Potential entry along the 52's for at support if we have confirmation of an uptrend. Looking to target 54's price zone.
Potential entry along the 52's for at support if we have confirmation of an uptrend. Looking to target 54's price zone.
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