USOIL| POSITIVE MOMENTUM
The price is currently trading above the critical zone of 71.57–70.51, a historically significant area of resistance and support, which presents a challenge for a decisive breakout. It recently reached the resistance level of 73.59 before reversing to undergo a correction. Upon completing this corrective phase, we anticipate that the price will resume its upward movement, surpassing the 73.59 level and potentially reaching 57.11.
On the other hand, if the price falls below 71.57–70.51, the bearish trend will likely resume, pushing the price downward toward 67.80.
Tendency Keys: 73.59
Resistance Line: 73.59, 57.11, 77.02.
Support Line: 71.57, 70.51, 68.51.
On the other hand, if the price falls below 71.57–70.51, the bearish trend will likely resume, pushing the price downward toward 67.80.
Tendency Keys: 73.59
Resistance Line: 73.59, 57.11, 77.02.
Support Line: 71.57, 70.51, 68.51.
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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.