Hello traders,
Here, I aim to decipher the trends of USOIL across all timeframes.
On the weekly chart, a cup & handle pattern is evident, with $84 serving as the pivotal price. A clear breakout on the daily timeframe could signal a bullish stance for USOIL.
First target: $94
Second target: $109
Stop-loss: Close below $72 on a daily basis.
I'll keep you updated as the situation evolves.
Best of luck
Here, I aim to decipher the trends of USOIL across all timeframes.
On the weekly chart, a cup & handle pattern is evident, with $84 serving as the pivotal price. A clear breakout on the daily timeframe could signal a bullish stance for USOIL.
First target: $94
Second target: $109
Stop-loss: Close below $72 on a daily basis.
I'll keep you updated as the situation evolves.
Best of luck
Nota
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First target 🎯 reachedNota
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.