US Oil has broken through a resistance line of a Triangle and suggests a possible movement to 67.1989 within the next 6 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.
Breach of resistance could mean a start of a bullish trend on US Oil
