USOIL - SHORT TERM
Generally, the direction is a downtrend
Uptrend Side: The price crosses the strong support level of 72.88, currently trading under it, so to be in an uptrend, the price should reverse toward this level and cross, then close the 4H or 1D candle above it to be more rising and touch the resistance of 74.70.
Downtrend Side: The price is currently trading above the blue downtrend level and below the strong resistance at 72.88. If the price breaks below the blue downtrend level, it may lead to further bearish movement towards 70.23 and 69.53.
Tendency Keys: 72.88
Uptrend Side: The price crosses the strong support level of 72.88, currently trading under it, so to be in an uptrend, the price should reverse toward this level and cross, then close the 4H or 1D candle above it to be more rising and touch the resistance of 74.70.
Downtrend Side: The price is currently trading above the blue downtrend level and below the strong resistance at 72.88. If the price breaks below the blue downtrend level, it may lead to further bearish movement towards 70.23 and 69.53.
Tendency Keys: 72.88
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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
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