USOIL - Sensitive Movement
The oil price has continued its upward movement and is likely to rise toward 70.50 or touch this level before initiating the decline scenario.
A breakout above 70.50 could push the price toward the next resistance at 71.78.
However, the chart predominantly suggests a bearish outlook. We expect that once the price reaches 70.50, the bearish trend will resume, targeting the support levels at 68.64 and 67.84.
A breakout above 70.50 could push the price toward the next resistance at 71.78.
However, the chart predominantly suggests a bearish outlook. We expect that once the price reaches 70.50, the bearish trend will resume, targeting the support levels at 68.64 and 67.84.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
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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
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.
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.