USOil exhibits a break of market structure on the 4-hour timeframe. We anticipate a retracement towards the 61.8% Fibonacci level, presenting a potential long entry opportunity. Set stop losses below the previous swing low and target the previous high.
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.