USOIL weekly overview
On the chart, I see that the price on Thursday broke up a key level. From that level 6 weeks ago currency rate made a pullback down. Price moved down 937 pips that shows that $72.93 is a key level.
On next week I will open buy if currency rate will make a PullBeak to $72.93. I will open deal if at that level I see fake broke and H1 — H4 close upper that level.
Short we will be able to open if currency rate will break down $72.93 and H1 — H4 will close under. That will be a signal that big players want to move it down.
Also, in few days Trump will meet with Putin. That meeting will impact fundamentally on the OIL market.