USOIL - CONSOLIDATION Between 71.78 and 69.91
Updated
Generally, the direction is a downtrend
Uptrend Side: The price should rise and stabilize above the 71.78 resistance level by closing a 4-hour candle, followed by the need for positive momentum to reach 73.59 and confirm the bullish trend.
Correction: The price may rise to test the area around 71.78.
Downtrend Side: As long as the price remains below 71.78, the trend will stay bearish. Currently, the price is likely to attempt reaching the 71.78 resistance before declining. A break below 69.91 would target the support level at 68.64, with a further decline to 66.96 if breached.
Uptrend Side: The price should rise and stabilize above the 71.78 resistance level by closing a 4-hour candle, followed by the need for positive momentum to reach 73.59 and confirm the bullish trend.
Correction: The price may rise to test the area around 71.78.
Downtrend Side: As long as the price remains below 71.78, the trend will stay bearish. Currently, the price is likely to attempt reaching the 71.78 resistance before declining. A break below 69.91 would target the support level at 68.64, with a further decline to 66.96 if breached.
Trade closed: target reached
REACHED THE SECOND TARGET +470 PIP 
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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