[OIL] Short-term trendline breakout
Interesting price development in 
USOIL daily chart. The MACD downtrend was already broken out on 9 October 2024, while the price now has break the short term trend line. Price could advance from here at least up to its 220EMA.
The broken trend line could act as support.
Cherio...
USOIL daily chart. The MACD downtrend was already broken out on 9 October 2024, while the price now has break the short term trend line. Price could advance from here at least up to its 220EMA.The broken trend line could act as support.
Cherio...
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