FUNTRADER-Vera

0704 P2/8 USOIL the uptrend is still not finished yet, but....

Long
FX:USOIL   CFDs sur Pétrole brut (WTI)
USOIL did make a small correction as we expected before.
But only back down to 61.79.

On weekly chart, USOIL has passed through 62 and is now targeting 64-67 inside the blue channel for its wave 5.

On its right daily chart, we see a new possibility for a correction down again that a reflection point could happen soon. But 62 is the end of our expectation of the end.

We should have a new signal for USOIL next week for 200-500 pips.

LESS IS MORE!

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