Our bread and butter pattern recognition trade, a USO Wave 5 Sell Signal is pending, basis a breakdown of the Wave 4 channel on this chart: USO Daily A break below $67 triggers a decline to mid-50's. Accordingly, on a break we will buy the Jun 20th $65P. The Jun 20th $65P has minimum potential to go up 5X: Risk 50% to make 400%
