USOIL was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 76.50 region.
Will the bulls take charge again continue for leg higher?
beyondtechnicalanalysisChart PatternsCommoditiesJTSlocalsupportTrend AnalysisCrude Oil WTIusoilanalysiswedgebreakoutWedge

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