USOIL potential breakout trade at the monthly level
USOIL has massive hidden bearish divergence.
A long term ascending wedge has been forming since 06/2017
Target of the wedge pattern alone is marked with the orange vertical line. IMO USOIL is due for a massive correction, and it is only a matter of time.
A long term ascending wedge has been forming since 06/2017
Target of the wedge pattern alone is marked with the orange vertical line. IMO USOIL is due for a massive correction, and it is only a matter of time.
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