US Oil has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 4 days and suggests a possible target level to be around 67.6346 within the next 20 hours.
US Oil breakout from a Triangle trade setup. Will it continue this trend to hit the target price?
