update usoil
How are you doing with these good markets, friends?
Today we have an update oil as well
In the past days and weeks I talked about rising from the 69.750 areas as a key to rising when oil was negative on the daily frame negative and we have a rise to the $80 point
And we will see more rising with the break of the 72.500 area and indeed we saw this rise as we expected
And I told you that it is expected that we will see a decline with reaching this level and indeed today we saw a somewhat violent decline from the small time frames
We have two scenarios
The first is that the daily time frame is still positive but we will see a decline on the small time frames and this will take us to levels perhaps 73 and rise again
The other scenario is if it is broken strongly next week or this week with the weekly closing it will turn into a negative daily frame and we will go to lower areas
We will see more decline until 69
You have this chart you can check the break of each line where the market will go
Today we have an update oil as well
In the past days and weeks I talked about rising from the 69.750 areas as a key to rising when oil was negative on the daily frame negative and we have a rise to the $80 point
And we will see more rising with the break of the 72.500 area and indeed we saw this rise as we expected
And I told you that it is expected that we will see a decline with reaching this level and indeed today we saw a somewhat violent decline from the small time frames
We have two scenarios
The first is that the daily time frame is still positive but we will see a decline on the small time frames and this will take us to levels perhaps 73 and rise again
The other scenario is if it is broken strongly next week or this week with the weekly closing it will turn into a negative daily frame and we will go to lower areas
We will see more decline until 69
You have this chart you can check the break of each line where the market will go
Trade active
Last night we recorded the level of 72.5 and we are still making gains from the rise of our last analysis
Rise from 69,700 to 80 exactly as we expected
And we expected again to decline from this area and indeed we are at the level of 72.500
Trade closed: target reached
Today we are at level 72
We are still watching and always excelling in our accurate analysis
Note
We have warned of the decline as we previously warned you of the rise. Today we see the level of 71.690 and we will see more decline.
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Message us for free signals on forex, cryptocurrencies, etc. Limited time
t.me/indicators1MGGROUPbot
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1MG Group provides you with insights on global markets (cryptocurrencies, forex, stocks, commodities, etc.)
Message us for free signals on forex, cryptocurrencies, etc. Limited time
t.me/indicators1MGGROUPbot
tiktok.com/@1mggroup
Message us for free signals on forex, cryptocurrencies, etc. Limited time
t.me/indicators1MGGROUPbot
tiktok.com/@1mggroup
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