USOIL was in correction after a run from 26 to 51.5
weekly created a strong hammer candlestick and its looking like price will attack 50 area to try and create inverse H&S
too soon to tell but the formation look good
long term if there is a break over 52 i can see oil at 70 level
target and support on chart
weekly created a strong hammer candlestick and its looking like price will attack 50 area to try and create inverse H&S
too soon to tell but the formation look good
long term if there is a break over 52 i can see oil at 70 level
target and support on chart