CFDs on WTI Crude Oil
Long
Updated

USOIL Technical Analysis

163
USOIL Technical Overview:

Supporting Areas: 64.00, 61.50
Demand Zone: 60.00
Buy Entry: 64.50, 63.00
Targets: 67.00, 70.00, 73.00, 78.00

Resistance: 69.80, 73.00
Supply Zone: 77.3o

USOIL has been working under a range if we look at h4 candle. Currently market is close to its key supporting area and has formed triple h4 bullish candles which indicates a bullish trend ahead.
Trade active
target 1 67.00 hit
Trade closed: target reached
target 2 70.00 hit

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