USOIL Technical Analysis! BUY!
My dear friends,
Please, find my technical outlook for USOIL below:
The instrument tests an important psychological level 72.31
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 74.77
Recommended Stop Loss - 70.79
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Usoul
USOIL-4hr's We Area About To see Higher High📍Hello all traders
🇺🇸 USOIL Setup / Analysis
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied
Always enter into deals when there are more than 5 reasons
combined
Key Technical / Reason's Long idea
🔰Target Reversal
----- 45.00
Major Resistance
Turn level Upper line of Channel
0 level + Golden Zone
Year low Area
🔰Entry Reversal
------- 43.15 Area
Day High / Week High
Turn level Major Support
Counter Trend Line
Triangle Break + POC Volume Profile