Bulls appear rather strong as we can observe a strong move back into the range and 🛢️ has easily made it's way back to the resistance area . Price has been in this range for 5 months. We have managed to gap up an insane amount for a liquid asset like USOIL. On top of this we have managed to close above all other Daily Candles to the left within the range. We are holding above 82$ for multiple days.
Note
Price did not hold 82$ and has respected ourextreme prices at 82$. A gap up to resistance
but instead we filled the gap back to the downside
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.