USO Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BULL
ETF · Oil
USO is currently showing a bullish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $130.00, currently 2.88% away. This pattern has shown a 3.5x profit factor across 9 backtested trades.
Current Setup
Close$133.75
Breakout Level$130.00
Distance to Level2.88% (crossed)
RVOL0.2×
Pressure72
PatternCompression
Trade Plan
Entry$130.26
Stop$129.64
TP1$130.89
TP2$131.51
TP3$132.13
Chart
Backtest Performance
Win Rate
78%
Profit Factor
3.50x
Avg R
+0.56R
Trades
9
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jul 15 | BULL | A- | $121.15 | $120.26 | $122.05 | $120.26 | LOSS | -1.00R | 4 |
| Jun 30 | BEAR | A- | $106.04 | $106.57 | $105.51 | $105.51 | WIN | +1.00R | 6 |
| Jun 24 | BEAR | A- | $109.83 | $110.46 | $109.20 | $109.20 | WIN | +1.00R | 2 |
| May 27 | BEAR | A- | $135.47 | $136.67 | $134.27 | $134.27 | WIN | +1.00R | 2 |
| May 14 | BULL | A- | $142.63 | $141.96 | $143.31 | $141.96 | LOSS | -1.00R | 2 |
| May 4 | BULL | A- | $145.94 | $144.57 | $147.31 | $147.31 | WIN | +1.00R | 2 |
| May 4 | BULL | A- | $144.19 | $142.42 | $145.96 | $145.96 | WIN | +1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-08-31 | A- | BULL | $130.00 | 2.30% | 72 | breakout |
| 2026-08-31 | A- | BULL | $130.00 | 0.24% | 86 | — |
| 2026-08-31 | A- | BULL | $130.00 | 0.24% | 86 | — |
| 2026-08-31 | A- | BULL | $130.00 | 0.24% | 86 | — |
| 2026-08-31 | A- | BULL | $130.00 | 0.24% | 86 | — |
| 2026-08-28 | A- | BULL | $130.00 | 0.24% | 86 | — |
| 2026-08-28 | A- | BULL | $130.00 | 0.24% | 86 | — |
| 2026-08-28 | A- | BULL | $130.00 | 0.24% | 86 | — |
| 2026-08-28 | A- | BULL | $130.00 | 0.24% | 86 | — |
| 2026-08-28 | A- | BULL | $130.00 | 0.24% | 86 | — |
Bot Activity
No bot trades on USO yet.
Other Active Breakout Setups
Earnings
No upcoming earnings scheduled.
Don't miss the next breakout
Subscribe to get real-time alerts when USO approaches its breakout level.
See pricing