OIL will show triple top??
USOIL
OIL seems will have correction in the following days, may reveal Triple Top pattern.
It‘s rising for 46 days til now after touch 41.70 low, however, it just exceed the horizon which last downtrend continues and achieve half of it.
Also oil got the Fib 0.382 pressure and fall back, consequently, oil may have correction for recent uptrend.
Therefore, I expect USOIl will got a short bounce ,then weaken in following days.
Support: 53.12 / 53.53 / 54.06
Resistance: 51.90 / 52.20
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