USOIL WTI 4H (At The Sensitive Zone)
Updated
Generally, the direction is an uptrend. Currently, the price is trying to break the resistance of 71.57. Any breaking below this level will be an uptrend until 73.59 and above it 75.47.
However, trading below 71.57 will be more between this level and the support of 70.50, but if it breaks 70.50 again, the price will consolidate between this level and the support of 67.84.
Resistance Line: 71.57, 73.59
Support Line: 70.50, 67.84
However, trading below 71.57 will be more between this level and the support of 70.50, but if it breaks 70.50 again, the price will consolidate between this level and the support of 67.84.
Resistance Line: 71.57, 73.59
Support Line: 70.50, 67.84
Trade active
Oil prices experienced a strong surge, trading above $71.57, which bolsters expectations of a continued upward trend throughout the day. It is important to note that the primary target remains at $75.47, with achieving this level contingent upon maintaining stability above the $73.59 mark.
Trade closed: target reached
The price has reached the target of 73.59. If this level is successfully breached, preparations should be made for the next target at 75.47.Note
done
about 4 Analysis per day.
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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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