USOil has broken it's 200 ema on the 4 hour chart and prices jumped up.
If it does find support at current levels, we can expect USOil to rise even further anywhere till 73-74.
If it does find support at current levels, we can expect USOil to rise even further anywhere till 73-74.
Trade closed: target reached
We can expect a dip to happen back to the 68.5 area as it not able to break through up higher.This position is closed until furhter confirmation of the upward movement.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.