USO Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BULL
ETF · Oil
USO is currently showing a bullish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $154.85, currently 0.37% away. This pattern has shown a 3.5x profit factor across 9 backtested trades.
Current Setup
Close$154.28 +0.78%
Breakout Level$154.85
Distance to Level0.37%
RVOL1.0×
Pressure67
PatternChannel
Trade Plan
Entry$155.17
Stop$154.40
TP1$155.93
TP2$156.70
TP3$157.46
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 |
|---|---|---|---|---|---|---|
| 2026-10-15 | B+ | BULL | $154.85 | 0.37% | 67 | — |
| 2026-10-15 | B+ | BULL | $154.85 | 0.45% | 69 | — |
| 2026-10-15 | A- | BULL | $154.85 | 0.14% | 66 | — |
| 2026-10-15 | B+ | BULL | $154.85 | 0.26% | 70 | — |
| 2026-10-15 | B | BULL | $154.85 | 0.08% | 70 | — |
| 2026-10-15 | B+ | BULL | $154.77 | 0.05% | 69 | breakout |
| 2026-10-15 | B+ | BULL | $154.77 | 0.74% | 81 | — |
| 2026-10-15 | B+ | BULL | $154.77 | 0.74% | 81 | — |
| 2026-10-15 | B+ | BULL | $154.77 | 0.74% | 81 | — |
| 2026-10-15 | B+ | BULL | $154.77 | 0.74% | 81 | — |
Bot Activity
No bot trades on USO yet.
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