USOIL Breakout Trade idea -ST
USOIl likely support areas are 1. 42.60-42.40 areas.
Hold below that look to test 42.20 areas.
Hold into that < current context> look to test higher for 43.20 areas
Hold below that look to test 42.20 areas.
Hold into that < current context> look to test higher for 43.20 areas
Note
This was as quick as it gets for the zone mentioned. Quick and fast reaction of that zone.key support areas/ tgt areas for the short side view is 41.90s
if we manage to hold below we are talking about a new level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.