0212-USOIL Analysis.
USOIL
Oil got fake break pattern yesterday and keep stand above 51.90 for 3 days.
It will anticipate to get strong and close above 52.40.
Estimate 2 path for oil bounce:
1.Strong one, price can't break 52.30 and rise to test resistance.
2.Price retrace too deep to trend line support around at 52.00~51.90, in this path, the rising energy will not enough to back to Asia High 52.90, so the target should decline.
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