USOIL has a bullish trend and price broke the daily resistance zone from November 2021, and could fix above it.
In the 1H chart, a little symmetrical triangle pattern and also a pennant pattern have been made by price.
Currently, the pattern is broken out to the upside by a strong large bullish candle closure above it.
We can expect more rise for USOIL to the next 4H major high at 81.780