US Crude Oil 4H :try to retest before rise up
USOIL
New forecast
The price perfectly fulfills my last idea and price reached to our targets .
The price of oil rose strongly yesterday to exceed our positive targets suggested in our last report, reaching the 95.00 barrier now, and we expect the upward trend to continue to achieve additional positive targets that reach the 96.60 areas.but before that we expect that the price will try to start a correction to 92.48 and then will rise up.
The ascending channels continue to support the proposed ascending wave, taking into account that breaking 94.02 will stop the expected rise and push the price to begin a downward correction in the immediate term before returning to the rise again.
Additionally ,Today News will affect the market .
support line : 92.48 , 91.14
resistance line : 94.02 , 95.02
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price perfectly fulfills my last idea and price reached to our targets .
The price of oil rose strongly yesterday to exceed our positive targets suggested in our last report, reaching the 95.00 barrier now, and we expect the upward trend to continue to achieve additional positive targets that reach the 96.60 areas.but before that we expect that the price will try to start a correction to 92.48 and then will rise up.
The ascending channels continue to support the proposed ascending wave, taking into account that breaking 94.02 will stop the expected rise and push the price to begin a downward correction in the immediate term before returning to the rise again.
Additionally ,Today News will affect the market .
support line : 92.48 , 91.14
resistance line : 94.02 , 95.02
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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