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Whats really going on with USOIL and whats next

FX:USOIL   CFDs em Petróleo Bruto (WTI)
9
Its too early to call out a bottom. Its close but not there just yet. Price is just approaching its target. It can go fast or it might take some time. I keep the options open but I will wait to go in long until I see price to complete its move and a clear reversal. The upside target is clear as well but I expect price to range a lot quarters ahead. Right now I will stay on the sidelines until price action gives more Intel.
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