USOIL - Continuous Rise
Generally, the direction is uptrend
Uptrend Side: the oil price stabilized above 78.63 by closing the 1D candle above it, thus supporting the price to be in an uptrend toward 80.56
Downtrend Side: The price should reverse and stabilize below 78.63 on the 4-hour candle. If this occurs, it is expected to decline further to 76.06.
Correction: The price is expected to decline to the support level of 78.63 as a correction, after which it is anticipated to begin a bullish trend.
Tendency Keys: 78.63
Uptrend Side: the oil price stabilized above 78.63 by closing the 1D candle above it, thus supporting the price to be in an uptrend toward 80.56
Downtrend Side: The price should reverse and stabilize below 78.63 on the 4-hour candle. If this occurs, it is expected to decline further to 76.06.
Correction: The price is expected to decline to the support level of 78.63 as a correction, after which it is anticipated to begin a bullish trend.
Tendency Keys: 78.63
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
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.