We have USOIL rally from the support zone, check our last analysis of USOIL. We are now in the position of a neckline which is also fibo 1.618-2.0 zone of WAVE1. Usually price will have a correction movement by hitting those structure, but this needs to go with analysis of candlesticks. A healthy corrrection is expected now, but wont say that USOIL has no chance to hit 62 directly.
Good to know, my idea is same with yours.