USO first target

We are more or less at the first USO target, the breakout area from earlier this morning.

 As you can see, 3C hasn't improved at all, it's actually hitting lows on the day.

 As for trade management, this trend channel is pretty tight and would take you out with a profit, it won't allow for consolidation which is likely around this area.

The 10-min trend channel is wider, it should allow for consolidation and still would take you out of the trade at break even.