USOIL H4 I Bullish Bounce Based on the H4 chart, the price is approaching our buy entry level at 72.698, which aligns with a strong overlap support level. This level is expected to act as a potential reversal point in the bullish setup.
Our take profit is set at 74.884,an overlap resistance zone where price may encounter selling pressure.
The stop loss is placed at 71.193, below the previous swing low, providing room for price fluctuations while ensuring the bullish setup remains valid.
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Losses can exceed deposits.
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