Bearish Scenario for USOIL, but the swing showed a good buy opportunity in the last weeks to get the best from a potential rising to the up board of the bearish channel.
I didn't buy at 44.78 in the demand level, but I show you my Trading Plan, for this commodity.
Until it will not break the bottom trend line, I will take in consideration the possibility that USOIL could rise to 52 and potentially also higher, before to reach a reversal point.