Rising Channel in USOIL
* Rising channel is formed when the price is contained between 2 upwards sloping parallel lines, forming higher highs ( HH ), and higher lows ( HL ).
* If USOIL breaks the lower trend-line we can expect a move till $70.
* In order to continue it's uptrend the price need to move within the pattern or should break the upper trend-line.
* If USOIL breaks the lower trend-line we can expect a move till $70.
* In order to continue it's uptrend the price need to move within the pattern or should break the upper trend-line.
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