WTI CRUDE OIL(USOIL): Bullish Reversal
USOIL is poised for a potential rebound from a crucial intraday support level, as indicated by two robust confirmation signals on the 4-hour chart: a double bottom pattern and a breakout above the resistance of a falling wedge formation.
This could propel the price upwards, targeting at least the 70.00 support level, suggesting a possible reversal in the current downtrend."
This could propel the price upwards, targeting at least the 70.00 support level, suggesting a possible reversal in the current downtrend."
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